Novell, Inc, has the has the following mutually exclusive projects. Year Project A Project 0 $20,000 $23,000 1 12.000 2 8,500 3 2.900 13,000 9,500 8,500 0-1. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g. 32.161.) Project A Project 1941 years 2.050 years 3-2. If the company's payback period is two years, which, If either of these projects should be chosen? Project A Project B O Both projects ONeither 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.... 32.16.) S Project A Project 1,480 30 71263 b-2. Which, either of these projects should be chosen if the appropriate discount rate is 16 percent? Project A Projecte Both projects Neither project