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Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. Assume the discount rate for both projects is 8 percent. AZM AZF Year

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Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. Assume the discount rate for both projects is 8 percent. AZM AZF Year Mini-SUV Full-SUV -455,000 -805,000 351,000 422,000 291,000 321,000 182,000 151,000 2 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.) Payback period AZM Mini-SUV years AZF Full-SUV years 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.) NPV AZM Mini-SUV AZF Full-SUV 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.) IRR AZM Mini-SUV AZF Full-SUV

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