Consider the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) -$426,000 -40,500 43,500 62,500 79,500 541,000 20,500 13,200 19,100 15,900 2 The required return on these investments is 12 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.) Payback period Project A 3.44 years Project B 2.36 years 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.) Net present value Project A Project B