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A firm has a WACC of 13.91% and is deciding between two mutually exclusive projects. Project A has an initial investment of $62.46. The additional

A firm has a WACC of 13.91% and is deciding between two mutually exclusive projects. Project A has an initial investment of $62.46. The additional cash flows for project A are: year 1 = $18.26, year 2 = $36.33, year 3 = $49.17. Project B has an initial investment of $71.66. The cash flows for project B are: year 1 = $50.52, year 2 = $48.93, year 3 = $29.22. Calculate the following:

Payback Period for Project A (round your answer to the nearest 2 decimal places):

Payback Period for Project B (round your answer to the nearest 2 decimal places):

NPV for Project A: $

NPV for Project B: $

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