Consider the following two mutually exclusive projects: The required return on these investments is 12 percent. a. What is the payback period for each project? Note: 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? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. What is the IRR for each project? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. d. What is the profitability index for each project? Note: Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161. e. Based on your answers in (a) through (d), which project will you finally choose? \begin{tabular}{|c|c|c|} \hline a. Project A & & years \\ \hline Project B & & \\ \hline b. Project A & & \\ \hline Project B & & % \\ \hline c. Project A & & \\ \hline Project B & & \\ \hline d. Project A & & \\ \hline Project B & & \\ \hline e. & & \\ \hline \end{tabular}