Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a fiveyear perlod. His annual pay ralses are determined by his division's return on Investment (ROl). which has exceeded 25% 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 17%. Click here to view Exhibit 7B-1 and Exhibit 7B-2, to determine the approprlate discount factor using tables. Required: 1. Calculate the payback perlod for each product. 2. Calculate the net present value for each product. 3. Calculate the internal rate of return for each product. 4. Calculate the project profitability index for each product. 5. Calculate the simple rate of return for each product. 6a. For each measure, Identlfy whether Product A or Product B is preferred. 6b. Based on the simple rate of return, Lou Barlow would likely: Complete this question by entering your answers in the tabs below. Calculate the payback period for each product. (Round your answers to 2 decimal places.) Calculate the net present value for each product. (Round your final answers to the nearest whole dollar amount.) Calculate the internal rate of return for each product. (Round your answers to 1 decimal place i,e. 0.123 should be considered as 12.396. Calculate the project profitability index for each product. (Round your answers to 2 decimal places.) Calculate the simple rate of retum for each product. (Round your answers to 1 decimal place i.e. 0.123 should be considered as 12,3% For each measure, identify whether Product A or Product B is preferred