Exercise n6: Payback, NPV, IRR A company is considering two mutually exclusive projects A and B that have the following cash flow data. Year Cash Flows A Cash Flows B 0 -$1,000 -$1,000 1 $300 $500 2 $310 $300 3 $320 $200 4 $330 $100 5 $340 $100 1. What is the Payback of each project? Which project should be accepted? 2- Calculate the NPV of the projects knowing that the cost of capital is 10%. Which project is better? 3. Calculate the IRR of the projects. Which project to retain