Consider the following two mutually exclusive projects

Consider the following two mutually exclusive projects. The appropriate required return on each investment is 13 percent. Required: What is the payback period for each project? Project A: Project B: What is the NPV for each project? Project A: $ Project B: $ What is the IRR for each project? Project A: % Project B: % What is the profitability index for each project? Project A: Project B: Based on your answers in (a) through (d), which project will you finally choose