Payatck period was the earliest selection criterion, the is a "break-even" calculation in the sense that if a project's cash flows ceme in at the expected rate, the project will break even. The equation is: barback and inveitor weath maximiration. A variant of the reoular purback is the discounted payback. Unike regular paveck, the disceunted parback comsiders conts. However, the dscounted payoock stal dsregerds cash fows the pappack vear, In addition, there is no specific payback rule to juctify project scceptance, foth methods provide infermation abeut and rick. Quantitative Problems Bellinger Industries is considering two profects for inclusion in its capital budget, and you have been asiced to do the analvis: Both projects' after-tax cash fows are shown on the time line below. Depreciation, salvogo volues, net operating working capitai requirements, and tax effects are ad included in these cash fiows, Both projects hav 4 vear lives, and ther have risk charzcteristics similar to the firms merage proyect, Bellinger's wACC is 104. What is Froject A's parback 70 not round intermediate calculatiens. Round your antwer to four decimal places. vers What is Froject A's discounted payouck? Do not round intermedipe calculations. Found your answer to four decimal places. yean ween What is hoject Bs discounted paybeck? Do not round intermediate caiculations. Round your answer to four decimal places. rears