Consider the following two mutually exclusive projects:

Year	Cash Flow (A)				Cash Flow (B)
0	–$	357,000			–$	46,500
1		38,000				23,300
2		58,000				21,300
3		58,000				18,800
4		433,000				13,900

Whichever project you choose, if any, you require a 14 percent return on your investment.

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.)

Project A	years
Project B	years

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.)

Project A	years
Project B	years

What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Project A	$
Project B	$

What is the IRR for each project? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Project A	%
Project B	%

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.)

Project A
Project B