All techniques --Decision among mutually exclusive investments Pound Industries is attempting to select the best Initial investment and after-tax cash inflows associated with these projects are shown in the following table. Cash flows Initial investment (CF) Cash inflows (CF), 1 to 5 Project A $60,000 $20,000 Project B $100,000 $31.500 Project C $100,000 $33,000 a. Calculate the payback period for each project b. Calculate the represent value (NPV) of each project, assuming that the firm has a cost of capital equal to 14% c. Calculate the internal rate of return (IRR) for each project d. Indicate which project you would recommend a. The payback period of project Ais years (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer 9 CE comming