Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) -$421,000 -$38.000 46.000 20.000 60.000 13,700 77.000 16.600 536.000 13.400 The required return on these investments is 12 percent. a. 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.) b. 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. What is the IRR for each project? (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.18.) d. What is the profitability index for each project? (Do not round Intermediate calculations and round your answers to 3 decimal places, e.g., 32.101.) e. Based on your answers in (a) through (d), which project will you finally choose? Project A Project B b. Project A Project B Project A Project B d. Project A Project B