Hello, I just need help with number 2 for this problem! Thank you

1. Two independent investments have projected cash flows as follows: Period Investment 1 2 3 4 Crop land -10,000 5,000 5,000 5,000 5,000 Forest land -10,000 0 0 0 30,000 A. Assuming a required rate-of-return of 12 percent, determine the net present value for each investment. (2 pts) B. Which investment would you select? Why? (2 pts) 2. What is the traditional payback period of a project that costs $475,000 if it is expected to generate $110,000 per year for five years? (1 pt) 5 TODO of @ +