Novell, Inc., has the following mutually exclusive projects. Year Project A Project B $22.000 $25.000 O 1 WN 13,000 9,500 3.100 14,000 10,500 9.500 a-1. Calculate the payback period for each project (Do not round intermediate calculations and round your answers to 3 decimal places, e.g.. 32161.) Project A Project B years years a-2 If the company's payback period is two years, which, if either of these projects should be chosen? O Project A O Project B O Both projects O Neither project b-1. What is the NPV for each project if the appropriate discount rate is 16 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places. e.g.. 3216.) Project A Project B b-2. Which, if either of these projects should be chosen if the appropriate discount rate Is 16 percent? Project A O Project B O Both projects Neither project