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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 9 percent. a

Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars.
Assume the discount rate for both projects is 9 percent.
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.)
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