shown in the following table: 6. a. Calculate each project's payback period. b. Calculate the net present value (NPV) for each project. c. Calculate the internal rate of return (IRR) for each project. d. Indicate which project you would recommend. a. The payback period of project A is The payback period of project B is b. The NPV of project A is $ The NPV of project B is $ c. The IRR of project A is The IRR of project B is d. Which project will you recommend? (Select the best answer below.) years. (Round to two decimal places.) years. (Round to two decimal places.) (Round to the nearest cent.) (Round to the nearest cent.) \%. (Round to two decimal places.) \%. (Round to two decimal places.) A. Project B 18%. a. Calculate the IRR for each of the projects. Assess the acceptability of each project on the basis of the IRRs. b. Which project is preferred? a. The internal rate of return (IRR) of project X is \%. (Round to two decimal places.) Is project X acceptable on the basis of IRR? (Select the best answer below.) No Yes The internal rate of return (IRR) of project Y is \%. (Round to two decimal places.) Is project Y acceptable on the basis of IRR? (Select the best answer below.) Yes No b. Which project is preferred? (Select the best answer below.) A. Project Y B. Neither C. Project X (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) a. Calculate the NPV of each project, and assess its acceptability. b. Calculate the IRR for each project, and assess its acceptability. a. The NPV of project A is $ (Round to the nearest cent.) According to the NPV method, is project A acceptable? (Select the best answer below.) No Yes The NPV of project B is $ (Round to the nearest cent.) Is project B acceptable on the basis of NPV? (Select the best answer below.) No Yes b. The IRR of project A is \%. (Round to two decimal places.) Is project A acceptable on the basis of IRR? (Select the best answer below.) No Yes The IRR of project B is \%. (Round to two decimal places.) Is project B acceptable on the basis of IRR? (Select the best answer below.) Yes No (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)