Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 291,000 $ 41,600 1 37,000 20,000 2 55,000 17,600 3 55,000 17,200 4 366,000 14,000 Whichever project you choose, if any, you require a return of 11 percent on your investment. a-1. 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.) a-2. If you apply the payback criterion, which investment will you choose? multiple choice 1 Project A Project B b-1. What is the discounted payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b-2. If you apply the discounted payback criterion, which investment will you choose? multiple choice 2 Project A Project B c-1. 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-2. If you apply the NPV criterion, which investment will you choose? multiple choice 3 Project A Project B d-1. 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-2. If you apply the IRR criterion, which investment will you choose? multiple choice 4 Project A Project B e-1. 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-2. If you apply the profitability index criterion, which investment will you choose? multiple choice 5 Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose? multiple choice 6 Project A Project B