Problem 5-1 Calculating Payback Perlod and NPV Novell, Inc., has the following mutually exclusive projects. Q-1. Calculate the payback period for each project. (Do not round Intermedlate calculetlons and round your answers to 3 declmal pleces, e.g., 32.161.) a-2. If the company's payback period is two years, which, if either, of these projects should be chosen? Project A Project B Both projects Neither project b-1. What is the NPV for each project if the appropriate discount rate is 17 percent? (A negatlve answer should be Indlcated by a minus slgn. Do not round Intermedlate calculetlons and round your answers to 2 declmal pleces, e.g., 32.16.) b-2. Which, if either, of these projects should be chosen if the appropriate discount rate is 17 percent? Project A Project B Both projects