Consider two mutually exclusive R&D projects that Savage Tech is considering. Assume the discount rate for both projects is 12 percent. Project A: Project B: Server CPU 13 micron processing project By shrinking the die size to .13 micron, the company will be able to offer server CPU chips with lower power consumption and heat generation, meaning faster CPUs. New telecom chip project Entry into this industry will require introduction of a new chip for cell phones. The know-how will require a large amount of up-front capital, but success of the project will lead to large cash flows later on. Year Project A Project B 0 -$785,000 - $998,000 012345 356,000 261,000 379,000 382,000 263,000 376,000 188,000 426,000 5 136,000 513,000 Complete the following table: (Do not round intermediate calculations. Enter the IRR as a percent. Round your profitability index (PI) answers to 3 decimal places, e.g., 32.161, and other answers to 2 decimal places, e.g., 32.16.) NPV IRR PI Project A % Project B %