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are these correct? Novell, Inc., has the following mutually exclusive projects. Year Project A Project B 0 $15,000 $19,000 1 10,400 12,700 2 5,900 6,100

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Novell, Inc., has the following mutually exclusive projects. Year Project A Project B 0 $15,000 $19,000 1 10,400 12,700 2 5,900 6,100 3 2.100 5,300 a-1. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Project A Project B 1.780 years 2.038 years a-2. If the company's payback period is two years, which, if either of these projects should be chosen? Project A O Project B O Both projects Neither nroiect

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