Consider the following two mutually exclusive projects:

Year	Cash Flow (A)	Cash Flow (B)
0	$230,281	$15,438
1	25,200	4,798
2	55,000	8,408
3	52,000	13,943
4	425,000	9,120

Whichever project you choose, if any, you require a 6 percent return on your investment.

What is the payback period for Project A?

A. 3.23 years

B. 3.33 years

C. 3.07 years

D. 3.13 years

E. 3.23 years

What is the payback period for Project B?

A. 2.27 years

B. 2.22 years

C. 2.05 years

D. 2.10 years

E. 2.16 years

What is the discounted payback period for Project A?

A. 3.51 years

B. 3.44 years

C. 3.17 years

D. 3.24 years

E. 3.34 years

What is the discounted payback period for Project B?

A. 2.41 years

B. 2.36 years

C. 2.18 years

D. 2.22 years

E. 2.29 years

What is the NPV for Project A?

A. $222,742.40

B. $233,879.52

C. $229,424.67

D. $211,605.28

E. $216,060.13

What is the NPV for Project B ?

A. 15,502.21

B. $16,277.32

C. $15,967.28

D. $14,727.10

E. $15,037.14

What is the IRR for Project A?

A. 30.45%

B. 29.87%

C. 27.55%

D. 28.13%

E. 29.00%

What is the IRR for Project B?

A. 40.95%

B. 40.17%

C. 37.05%

D. 37.83%

E. 39.00%

What is the profitability index for Project A?

A. 2.066

B. 2.026

C. 1.869

D. 1.908

E. 1.967

What is the profitability index for Project B?

A. 2.104

B. 2.064

C. 1.904

D. 1.944

E. 2.004