Consider the following two mutually exclusive projects Cash Flow Year 360,000 35.000 55,000 55,000 430,000 Cash Flow (B) 345,000 23,000 21.000 18,500 13.600 Whichever project you choose, if any, you require a return of 14 percent on your investment 6-1 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.) Project A ProdB --2If 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 and round your answers to 2 decimal places, e... 32.16.) F Project A Proj