Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a flve-year period. His annual pay ralses are determined by his division's return on Investment (ROI), which has exceeded \17 each of the last three years. He has computed the cost and revenue estimates for each product as follows: The company's discount rate is \15. Calculate the internal rate of return for each product. (Round your answers to 1 decimal place i.e. 0.123 should be considered as \12.3.) Calculate the payback period for each product. (Round your answers to 2 decimal places.) For each measure, identify whether Product A or Product B is preferred. Calculate the net present value for each product. (Round your final answers to the nearest whole dollar amount.) Calculate the project profitability index for each product. (Round your answers to 2 decimal places.) ased on the simple rate of return, Lou Barlow would likely: Calculate the simple rate of return for each product. (Round your answers to 1 decimal place i.e. 0.123 should be considered as \12.3.) EXHIBIT 7B-2 Present Value of an Annuity of \\$1 in Arrears; \\( \\frac{1}{r}\\left[1-\\frac{1}{\\left(1+r^{2}\ ight.}\ ight] \\) EXHIBIT 7B-1 Present Value of \\( \\$ 1 ; \\frac{1}{(1+r)^{*}} \\)