1. Download the "Capital Project Evaluation Worksheet" from Doc Sharing and use it to answer the following three questions. Assume PROJECT A requires an initial investment of $500,000 and has future benefits of $50,000, $250,000 and $350,000 in the following years. PROJECT B requires a $250,000 initial investment and has future benefits of $75,000, $75,000 $75,000 and $50,000. A return rate of 10% is required. What is the PAYBACK PERIOD for Projects A and B, respectively? Based on payback alone, which project would you recommend and why? 2. What is the NPV for Projects A and B (separately)? Based on NPV alone, which project would you recommend and why? 3. What is the IRR for Projects A and B (separately)? Based on IRR alone, which project would you recommend and why?