Question 6 (10 marks) Sylvan Forests Ltd has computed the net cash flows and IRR for two mutually exclusive projects, as shown in the table below. Sylvan Forests Ltd requires a return of 12% p.a. on projects of similar risk YEAR PROJECT A -100,000 27,000 27,000 27,000 27,000 64,000 18.23% PROJECT B -200,000 60,000 60,000 64,000 68,000 72,000 17.88% IRR a. What are the payback periods of these two projects? (2 marks) b. Which project should Sylvan Forests Ltd choose? Include any computations you might need to make this decision, and refer to the relevant theory. (8 marks)