ou Bariow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a fiveear period. His annual pay raises are determined by his division's return on investment (ROI), which has exceeded 24% each of the ast three years. He has computed the cost and revenue estimates for each product as follows: The company's discount rate is 15%. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor using tables. Required: 1. Calculate the payback period for each product. 2. Colculate the net present value for each product. 3. Calculate the internal rate of return for each product. 4. Calculate the profitability index for each product. 5. Calculate the simple rate of return for each product. 5a. For each measure, identify whether Product A or Product B is preferred. 5b. Based on the simple rate of return, which of the two products should Lou's division accept? Calculate the payback period for each product. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Calculate the net present value for each product. (Round your final answers to the nearest whole dollar amount.) Complete this question by entering your answers in the tabs below. Calculate the internal rate of return for each product. (Round your percentage answers to 1 decimal place l.e. 0.123 should be considered as 12.3%.) Calculate the profitability index for each product. (Round your answers to 2 decimal places.) Calculate the simple rate of return for each product. (Round your percentage answers to 1 decimal place i.e, 0.123 should be considered as 12.3%.) Complete this question by entering your answers in the tabs below. For each measure, identify whether Product A or Product B is preferred. XHIBIT 12B-1 reent Valae of \$ : XIBIT 1282 Present Value of an Annuity of $1 in Arrears; 1/r(1(1/(1+r)/2))