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Your company is currently considering two investment projects.Each project requires an upfront expenditure of $25 million. Youestimate that the cost of capital is 10% and the investments willproduce the following after tax cash flows:YearProject AProject B1$5,000,000$20,000,0002$10,000,000$10,000,0003$15,000,000$8,000,0004$20,000,000$6,000,000a) Calculate the payback period forboth projects, then compare to identify which project the firmshould undertake. [Note: you are supposed to show every step ofyour calculation and interpret the result.]b) Evaluate the advantages anddisadvantages of using the payback method in investment decisionsand assess the situations where it should be used. [Note: rememberto use Harvard referencing to reference your sources]