Please attached document for questions asked. Multi-questioned problem.

(IRR, payback, and calculating a missing cash flow) Mode Publishing is considering a new printing facility that will involve a large initial outlay and then result in a series of positive cash flows for four years. The estimated cash flows associated with this project are: If you know that the project has a regular payback of 2.9 years, what is the project's internal rate of return? a. The IRR of the project is: % (Mutually exclusive projects and NPV) You have been assigned the task of evaluating two mutually exclusive projects with the following projected cash flows: If the appropriate discount rate on these projects is 11 percent, which would be chosen and why? (Round to the nearest cent.) a. The NPV of Project A is: b. The NPV of Project B is: $ $ Which project would be chosen and why? (Select the best choice below.) a. b. c. d. Cannor choose without comparing their IRRs. Choose A because its NPV is higher. Choose both because they both have positive NPVs. Choose B because its NPV is higher