Consider the following two mutually exclusive projects: Year 0 1234 Cash Flow (A) Cash Flow (B) $- 222,093 29,800 55,000 57,000 386,000 -$ 15,665 5,109 8,099 13,937 9,737 Whichever project you choose, if any, you require a 6 percent return on your investment. a. What is the payback period for Project A? Payback period 3.21 years 3.30 years 3.05 years 3.11 years 3.21 years