All techniques, conflicting rankings Nicholson Roofing Materials, Inc., is considering two mutualy exclusive projects, that both cont $160,000. The company's board of directors has set a 4-year payback requirement the cost of capital is 9%. The project cash flows are shown in the following table: a. Calculate the payback period for each project. Rank the projects by payback period. b. Calculate the NPV of each project. Rank the project by NPV. c. Calculate the IRR of each project. Rank the project by IRR. d. Make a recommendation. a. The payback period of project A is years. (Round to two decimal places.) The payback period of project B is years, (Round to two decimal places.) Acoording to the payback method, which project should the firm choose? (Select the best answer below.) A. Project B B. Project A b. The NPV of project Ais s (Found to the nearest cent.) The NPV of project 8 is $ (Round to the nearest cent.) Acoording to the NPV mettiod, which project should the firm choose? (Select the beat answer below.) A. Project 0 B. Project A c. The IRR of project A is W. (Round to two decimal places.) The IRR of project B is K. (Reund to two decimal places.) c. The IRR of project A is %. (Round to two decimal places.) The IRR of projoct B is N. (Round to two decimal places.) According to the IRR method, which project should the firm cheose? (Select the best answer below.) A. Project B B. Project A d. Which project will you recommend? (Seloct the best answer bolow.) Project A Project B Data table (Click on the icon here a in order to copy the contents of the data table beiow into a spreadsheet) A. Project B B. Project A The IRR of project A TRR of projoct B is bording to the IRR A. Project B 0. Project A Which project will yot Project A Project B