Consider the following two mutually exclusive projects: Year O-NM 2 3 4 Cash Flow (A) Cash Flow (B) -$432,000 --$43,500 40,500 21,100 65,500 12,600 82,500 22,100 547,000 18,900 1:58 The required return on these investments is 13 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.) 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.) c. What is the IRR for each project? (Do not round Intermediate calculations and your answers as a percent rounded to 2 decimal places, e.g., 32.16.) d. 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.) e. Based on your answers in (a) through (d), which project will you finally choose? es years years a. Project A Project B b. Project A Project B C. Project A Project B d. Project A Project B % % e