Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 341,000 $ 51,000 1 54,000 24,900 2 74,000 22,900 3 74,000 20,400 4 449,000 15,500 Whichever project you choose, if any, you require a 15 percent return on your investment. a-1 What is the payback period for each project? hat is the discounted payback period for each project? What is the NPV for each project?What is the IRR for each project?

What is the profitability index for each project?