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Consider the following cash flows of two mutually exclusive projects for A-Z Motorcars. Assume the discount rate for both projects is 10 percent. AZM

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Consider the following cash flows of two mutually exclusive projects for A-Z Motorcars. Assume the discount rate for both projects is 10 percent. AZM AZF Year Mini-SUV Full-SUV 0 $465,000 -$815,000 123 323,000 353,000 2 186,000 426,000 3 153,000 293,000 a. 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.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) a. AZM payback period AZF payback period b. AZM NPV AZF NPV c. AZM IRR AZF IRR years years % %

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