Question: please solve this asap. thanks 4) Jay Ltd is considering two mutually exclusive projects, Project A and Project B. Project A will cost $13,000 today

 please solve this asap. thanks 4) Jay Ltd is considering two

please solve this asap. thanks

4) Jay Ltd is considering two mutually exclusive projects, Project A and Project B. Project A will cost $13,000 today and Project B will cost $17,500 today. Following are the expected after tax cash flows of each project for year 1 - year 4 (cash flows are equally distributed throughout the year). Year Cash Flow of A ($) Cash Flow of B ($) 1 2,100 5,000 24,500 5,500 3 5,325 6,000 46,000 7,000 Jay Ltd's required payback is 3.5 years and required rate of return is 10% pa. a. Calculate the payback periods of Project A and Project B? (Show answer correct to two decimal places.) 2 Marks b. Calculate the discounted payback periods of Project A and Project B? (Show answer correct to four decimal places.) 4 Marks c. Explain which project the company should choose. 1 Mark 3:30 pm

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