(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. 1. The required rate of return on these projects is 10 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 a. What is the payback period of project A? PROJECT A PROJECT B Initial outlay Inflow year 1 Inflow year 2 Inflow year 3 Inflow year 4 Inflow year 5 - $50,000 15,625 15,625 15,625 15,625 15,625 - $50,000 years (Round to two decimal places.) 100,000 Enter your answer in the answer box and then clic Print Done remaining To see what to study next, go to vour Study Plan