Quiz - 6 Saved 1 Consider the following cash flows of two mutually exclusive projects for A-Z Motorcars. Assume the discount rate for both projects is 8 percent. AZM AZF Year Mini-SUV Full-SUV $530,000 -$880,000 336,000 366,000 212,000 452,000 166,000 306,000 0 75 points 1 WN a. What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) years years a. AZM payback period AZF payback period b. AZM NPV AZF NPV c. AZM IRR AZF IRR % %