Consider the following two mutually exclusive projects: Year Cash Flow (A) -$ 342,000 53,000 73,000 73,000 448,000 Cash Flow (B) -$ 50,500 24,800 22,800 20,300 15,400 AWN Whichever project you choose, if any, you require a 14 percent return on your investment. a-1 What is the payback period for each project? (Round your answers to 2 decimal places. (e.g., 32.16)) Project A Project B Payback period years years a-2 If you apply the payback criterion, which investment will you choose? O Project A O Project B b-1 What is the discounted payback period for each project? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g. 32.16)) Project A Project B Discounted payback period years years b-2 If you apply the discounted payback criterion, which investment will you choose? O O Project A Project B C-1 What is the NPV for each project? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) NPV Project A Project B $ c-2 If you apply the NPV criterion, which investment will you choose? Project A Project B O d-1 What is the IRR for each project? (Round your answers to 2 decimal places. (e.g., 32.16)) IRR Project A Project B d-2 If you apply the IRR criterion, which investment will you choose? Project A Project B O e-1 What is the profitability index for each project? (Do not round intermediate calculations and round your final answers to 3 decimal places. (e.g., 32.161)) Profitability index Project A Project B e-2 If you apply the profitability index criterion, which investment will you choose? Project A Proiect B