Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $433,000 $44,000 1 40,000 21,200 2 66,000 12,500 3 83,000 22,600 4 548,000 19,400 The required return on these investments is 14 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?