Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 425,000 $ 40,000 1 44,000 20,400 2 62,000 13,300 3 79,000 18,600 4 540,000 15,400 The required return on these investments is 10 percent.

a. What is the payback period for each project?

Note: 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?

Note: 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?

Note: 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?

Note: 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?