When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places.

Q) A firm has a WACC of 8.96% and is deciding between two mutually exclusive projects. Project A has an initial investment of $64.77. The additional cash flows for project A are: year 1=$17.80, year 2=$38.72, year 3=$66.47. Project B has an initial investment of $71.17. The cash flows for project B are: year 1=$54.42, year 2=$38.34, year 3=$28.55. Calculate the Following: -Payback Period for Project A: -Payback Period for Project B: -NPV for Project A: -NPV for Project B