Your division is considering two projects. Its WACC is $12\%,$ and the projects' after$-$tax cash flows $($in millions

of dollars$)$ would be as follows:

a$.$ Calculate the projects' NPVs and Cummulative Cash Flow

b$.$ Which project would you choose?

Project $A$

Time period:

Cash flow:

Cumulative cash flow:

Payback $$ only enter the year

Project $B$

Time period:

Cash flow:

Cumulative cash flow:

Payback

only enter the year