met Show all your work here partial Awwww com Pewny Good Luck im is evaluating two projects that are mutually exclusive with initial investmen was follows: Priest End-of-Year End-of-Year Cash Flows Investment Cash Flow SOMO SOS SO 20000 40.000 20000 000 Calculate payback period for each project and evaluate two projects using the payback method assuming a rule of 2 years for payback b. Calculate NPV for each project at cost of capital of 20% and evalue acceptability using the NPV method c. Calculate IRR of each project. Evaluate two projects acceptability method.(Hint: IRR of each project is between 20% and 32%) period initial investment/ years cash flow - 2 years 0 13 years - 2 +80,000 80,000 (144)-1 retur (1+0.20) -40,000 20160.20) = 66, 66 000