Consider the following two mutually exclusive projects: Cash Flow Cash Flow (A) (B) - $50,000 -$350,000 45,000 24,000 65,000 22,000 65,000 440,000 Year 0 1 2 3 4 Project A Project B Whichever project you choose, if any, you require a 15% return on your investment. a-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) Payback Period O Project A O Project B a-2. If you apply the payback criterion, which investment will you choose? Project A Project B b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) O Project A O Project B Project A Project B 19,500 14,600 Discounted Payback years years b-2. If you apply the discounted payback criterion, which investment will you choose? O Project A O Project B c-1. What is the NPV for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) Project A Project B Period. c-2. If you apply the NPV criterion, which investment will you choose? O Project A O Project B d-1. What is the IRR for each project? (Round the final answers to 2 decimal places.) Project A Project B years years NPV $ $ IRR d-2. If you apply the IRR criterion, which investment will you choose? O Project A O Project B % % Profitability Index Check my work e-1. What is the profitability index for each project? (Do not round intermediate calculation. Round the final answers to 3 decimal places.) e-2. If you apply the profitability index criterion, which investment will you choose?

Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 15\% return on your investment. a-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) a-2. If you apply the payback criterion, which investment will you choose? Project A Project B b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) b-2. If you apply the discounted payback criterion, which investment will you choose? Project A Project B c-1. What is the NPV for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) c-2. If you apply the NPV criterion, which investment will you choose? Project A Project B d-1. What is the IRR for each project? (Round the final answers to 2 decimal places.) d-2. If you apply the IRR criterion, which investment will you choose? Project A Project B e-1. What is the profitability index for each project? (Do not round intermediate calculation. Round the final answers to 3 decimal places.) e-2. If you apply the profitability index criterion, which investment will you choose? Project A Project B