A variant of the regular payback is the discounted payback. Unlike regular payback, the discounted payback considers -Select costs. However, the discounted payback still disregards cash flowsSelect the payback year. In addition, there is no spedfic payback rule to justify project acceptance. Both methods provide information about Select and risk. Quantitative Problem: Bellinger Industries is considering two projects for indlusion in its capital budget, and you have been asked to do the analysis. Both projects after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these h flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 8%. Project A 1,100 650 420 230 280 Project B 1,100 250 355 380 730 What is Project A's payback? Round your answer to four decimal places. Do not round your intermediate calculations years What is Project A's discounted payback? Round your answer to four decirmal places. Do not round your intermediate calculations years What is Project B's payback? Round your answer to four decimal places. Do not round your intermediate calculations What is Project B's discounted payback? Round your answer to four decimal places. Do not round your intermediate calculations. years