Question 3 through 6 refer to the following two projects and their projected net (undiscounted) cash cash flows shown in the following table. "Year 0 " denotes payments made immediately, "year 1" denotes a net cash flow 1 year from now, "year 2" is a net cash flow 2 years from now, and so on. Assume there is zero inflation, and that these estimates are very reliable. YaProjProj Compute the payback period of Project B. Enter the number of years. Refer to the projected net cash flows in question 3. Compute the payback period of Project A. Enter the number of years. Assume that net cash flows occur at discrete times only once a year. Refer to the projected net cash flows in question 3 . The discount rate is 10%; the inflation rate is 0%. On the basis of project net present value (NPV), which project is preferred? Hint, you may want to copy-paste the cash flows into Excel and do some calculations to answer this exactly. Project A Project B Neither is preferred. The NPV is identical. Challenge! Refer to the projected net cash flows in question 3. Compute the discount rate that makes the NPV of the 2 projects the same. In other words, what discount rate makes the decision maker indifferent between these two projects on the basis of NPV alone? Report the discount rate, reported as a decimal rounded 2 places. (For example, if you compute that the discount rate is 34.8%, enter 0.35.)