Britney Javelin Company is considering two investments, both of which cost $22,000. The cash flows are as follows: Use Appendix B and Appendix D. a. Calculate the payback period for project A and project B. (Round the final answers to 2 decimal places.) b-1. Calculate the NPV for project A and project B. Assume a cost of capital of 9 percent. (Round "PV Factor" to 3 decimal places. Round the intermediate and final answers to the nearest whole dollar.) b-2. Which of the two projects should be chosen based on the NPV method? Project A Project B Both c. Should a firm normally have more confidence in answer derived based on NPV method or Payback method? c. Should a firm normally have more confidence in answer derived based on NPV method or Payback method? NPV method Pay back method Britney Javelin Company is considering two investments, both of which cost $22,000. The cash flows are as follows: Use Appendix B and Appendix D. a. Calculate the payback period for project A and project B. (Round the final answers to 2 decimal places.) b-1. Calculate the NPV for project A and project B. Assume a cost of capital of 9 percent. (Round "PV Factor" to 3 decimal places. Round the intermediate and final answers to the nearest whole dollar.) b-2. Which of the two projects should be chosen based on the NPV method? Project A Project B Both c. Should a firm normally have more confidence in answer derived based on NPV method or Payback method? c. Should a firm normally have more confidence in answer derived based on NPV method or Payback method? NPV method Pay back method