Please solve the "Part a", "Part b" and "Part c"

- Forward at three digits numbers after decimal point in your calculations. - All calculations must be explained in detail with at least three sentences. 4) Periodic net cash flows of A Project and B Project are presented below. Investment expenditures of A & B project are shown as negative. Period (year) 0 1 2 A Project -8.000 -3.000 3.200 3.400 3.600 2.000 B Project -5.000 -6.000 8.000 6,000 5.000 2.000 4 5 The firm's cost of capital (discount rate) is 12% in evaluating the projects. a) Calculate payback period of A Project as year and month. Show all calculations in detail on the table or you can draw time line. b) Calculate Profitability Index (PI) of B Project. Decide whether this project is accepted or not. Explain the reason in terms of PI method. c) Calculate discounted payback period of B Project as year and month. Show all calculations in detail on the table or you can draw time line