Time-disparity problem) The State Spartan Corporation is considering two mutually exclusive projects. The free cash flows associated with these projects are shown in the popup window: The required rate of return on these projects is 9 percent.

a. What is each project's payback period?

b. What is each project's NPV?

c. What is each project's IRR?

d. What has caused the ranking conflict?

e. Which project should be accepted? Why?

Data Table PROJECT B - $40,000 Initial outlay Inflow year 1 Inflow year 2 Inflow year 3 Inflow year 4 Inflow year 5 PROJECT A - $40,000 13,625 13,625 13,625 13,625 13,625 90,000 | Print | Done ] Print Done