Consider the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) -$429,000 -42,000 42,000 64,000 81,000 544,000 20,800 12,900 20,600 17,400 2 The required return on these investments is 11 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.) Payback period Project A Project B years years 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.) Net present value Project A Project B