b.) what is the discounted payback period for each project.

project A:

project B:

C.) what is the IRR for each project ?

project A:

project B:

Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a return of 11 percent on your investment. a-1. What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. If you apply the payback criterion, which investment will you 2. choose? Project A Project B