Please answer questions 1-4 based on the following information A and B are mutually exclusive projects. . The required rate of return is 14%. The cutoff period is 2.5 years. Year Project A Project B 0 $1,000 $1.000 1 550 200 2 350 250 3 250 300 4 200 600 If the company applies the NPV decision, which project should be recommended? Project A because it has NPV of $78.81 D Project A because it has NPV of $38.93 Project B because it has NPV of $40.97 9 Project 0 because it has NPV of $100.40 If the company applies the payback period decision, which project should be recommended? a Project A because it has payback of 2.3 years. b. Project A because it has payback of 2.4 years. c. Project B because it has payback of 2.4 years. d. Project B because it has payback of 3.2 years. e. Neither of two projects is recommended. 3. If the company applies the MIRR decision, which project should be recommended? 4. a. Project A because it has MIRR of 15.09%. b. Project A because it has MIRR of 12.66%. c. Project B because it has MIRR of 15.15%. d. Project B because it has MIRR of 12.66%. If the company applies Pi (Profitability Index) decision, which project should be recommended? a. Project A because it has Pl of 1.078. b. Project A because it has Pl of 1.039. c. Project B because it has Pl of 1.041. d. Project B because it has Pl of 1.100.