Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 16 percent return 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 yot 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.g., 32.16.) ct What is the NPV for each brojod? foo not round intermediate celcudations and round your antwrers to 2 decimal piaces, e.9. .2.16.) c. If you apply the NPV criterion, which investment will you choose? Project B Project A d-1What is the IRR for each project? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 declimal places, e.g. 32.16.) d- If you apply the IRR criterion, which investment will you choose? Project A Project B e-1 What is the profinability index for each project? (Do not round intermediate calculations and round your antwers to 3 decimal places, e.9, 32.161.) - If you apply the profitability index criterion, which irvestment will you 2 choose? Project A Project B 4. Besed chyour answern in (e) through (el which project will you finely 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 and round your answers to 2 decimal places, e.g., 32.16.) 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? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) d-2If you apply the IRR criterion, which investment will you choose? Project A Project B