Problem 5-16 Comparing Investment Criteria Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. Assume the discount rate for both projects is 9 percent. a. What is the payback perlod for each project? (Do not round Intermedlate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. What Is the NPV for each project? (Do not round Intermedlate calculations and round your answers to 2 declmal places, e.g., 32.16.) c. What Is the IRR for each project? (Do not round Intermedlate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)