Consider the following two mutually exclusive projects Year Project A Project B Cash Flows -$23.000 -$54.000 O 11.600 |1 12,700 2 23.200 11.200 12.500 27.600 3 46.500 6,000 4 Payback 2.66 years NPV $21152.94 IRR 28.50% 30.94% PI 139 Whichever project you choose. if any. you require a 14 percent return on your investment If you apply the payback criterion. you will choose investment If you apply the NPV criterion. you will choose investment If you apply the IRR criterion, you will choose investment If you choose the profitability index criterion. you will choose investment Based on your first four answers, which project will you finally choose