A firm has a WACC of 9.52% and is deciding between two mutually exclusive projects. Project A has an initial investment of $61.83. The additional cash flows for project A are; year 1=$19.35, year 2=$36.40, year three equals $49.30. Project B has an initial investment of $70.73. The cash flows for project B are: year one = $57.08, year 2=$37.75, year 3= $29.52. calculate the following
-payback period for project A
-payback period for project B
-NPV for project A
-NPV for project B
when inputting an answer, round your answer to the nearest two decimal places. If you need to use a calculated number for further calculations, do not round until all calculations have been completed. For the final answer, round to two decimal places