ento Saved Help Save Consider the following two mutually exclusive projects: Cash Flow Cash Flow Year 1 2 3 4 -$370,000 47,000 67,000 67,000 442,000 -$ 56,000 26,000 24,000 21,500 16,600 Whichever project you choose, if any, you require a 15% return on your investment. 0-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) Project A Project B Payback Period years years a-2. If you apply the payback criterion, which investment will you choose? Project A Project B b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to decimal places.) Activa Goto se b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Project A Project Discounted Payback Period years years b-2. If you apply the discounted payback criterion, which investment will you choose? Project A Project B c-1. What is the NPV for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) NPV $ Project A Project B $ c-2. If you apply the NPV criterion, which investment will you choose? Activate Wing Seved Help Save & Exit ssignment 6 c-2. If you apply the NPV criterion, which investment will you choose? 3 Project A Project B ints d-1. What is the IRR for each project? (Round the final answers to 2 decimal places.) IRR eBook Project A Project B Print References d-2. If you apply the IRR criterion, which investment will you choose? Project A Project B e-1. What is the profitability index for each project? (Do not round intermediate calculation. Round the final answers to 3 decimal places) Profitability Index Project A Project B Activate Go to Setti Seved Help Save & Exh 3 Project A Project B e-1. What is the profitability index for each project? (Do not round intermediate calculation. Round the final answers to 3 decimal places.) Profitability Index Project A Projects Rook e-2. If you apply the profitability index criterion, which investment will you choose? ences Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose? Project A Project B