Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -$434,000 -$44,500 1 39,500 21,300 2 66,500 12,400 3 83,500 23,100 4 549,000 19,900 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.) 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., 32.16.) d. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) e. Based on your answers in (a) through (d), which project will you finally choose? a. years Project A Project B years b. Project A Project B C. Project A % Project B % d. Project A Project B e