A firm has a WACC of 10% and is deciding between two mutually exclusive projects. Project A has an initial investment of $63. The additional cash flows for project A are: year 1 = $17, year 2 = $35, year 3 = $67. Project B has an initial investment of $73.The cash flows for project B are: year 1 = $51, year 2 = $41, year 3 = $26. Calculate the payback and NPV for each project. (Show all answers to 2 decimals)
Payback for A:
Payback for B:
NPV for A:
NPV for B: