Your company is considering two projects, Project A and Project B, both requiring an initial investment of $300,000. The cost of capital is 15%. The following are the expected net cash flows:

Net Cash Flows (in $):

Year	Project A	Project B
0	(300,000)	(300,000)
1	100,000	90,000
2	110,000	100,000
3	120,000	110,000
4	130,000	120,000
5	140,000	130,000

Requirements:

1. Compute the payback period for each project.
2. Calculate the NPV for both projects.
3. Determine the IRR for each project.
4. Analyze the projects using the discounted payback period method.
5. Recommend which project should be undertaken and justify your choice.