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Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a return of 15 percent on your investment. a-1. What

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Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a return of 15 percent on your investment. a-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.) a- 2. If you apply the payback criterion, which investment will you choose? Project A Project B b. What is the discounted payback period for each project? (Do not round intermediate 1. calculations and round your answers to 2 decimal places, e.g., 32.16.) b- 2. If you apply the discounted payback criterion, which investment will you choose? Project A Project B --1. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) If you apply the NPV criterion, which investment will you choose? Project A Project B d. What is the IRR for each project? (Do not round intermediate calculations and enter 1. your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 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 calculations and round your answers to 3 decimal places, e.g., 32.161.) e- 2. If you apply the profitability index criterion, which investment will you choose? Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose

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