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Greystone, Inc., has the following mutually exclusive projects: Year Project A 0 $13,100 1 7,300 6,300 2,100 Project B $ 8,500 3,200 2,700 5,100 WN
Greystone, Inc., has the following mutually exclusive projects: Year Project A 0 $13,100 1 7,300 6,300 2,100 Project B $ 8,500 3,200 2,700 5,100 WN a. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Based on the payback period, which project should the company accept? c. If the appropriate discount rate is 10 percent, what is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d. Based on the NPV, which project should the company accept? * Answer is complete but not entirely correct. a. 1.92 years years 2.51 b. Project A Project A Project B Payback decision Project A Project B NPV decision C. $ 6,300.00 $ 6,300.00 Project B d
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