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Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. YEAR AZM MINI-SUV AZF FULL-SUV 0 $223,851 $27,664 1 27,800 11,594 2 58,000

Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. YEAR AZM MINI-SUV AZF FULL-SUV 0 $223,851 $27,664 1 27,800 11,594 2 58,000 12,793 3 56,000 11,279 4 401,000 9,107 Whichever project you choose, if any, you require a 15 percent return on your investment. Required: a. The payback period for Projects A and B is and years, respectively. (Round your answers to 2 decimal places. (e.g., 32.16)) b. The NPV for Projects A and B is $ and $ , respectively. (Do not include the dollar sign ($). Round your answers to 2 decimal places, (e.g., 32.16)) c. The IRR for Projects A and B is percent and percent ,respectively. (Do not include the percent sign (%). Round your answers to 2 decimal places. (e.g., 32.16)) d. Based on your answers in (a) through (e), you will finally choose Project .

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