Stellar Inc. has two projects as follows:

ProjectInitial CFCF₁CF₂CF₃CF₄A-2,5909901,3401,0902,040B-3,1408901,6401,1904,040

Stellar set 2.6 years as a cut-off period for screening projects and the discount rate is 16 percent.

Which project(s) will be selected if the company uses thediscountedpayback period method?(Round intermediate calculations to 5 decimal places, e.g. 1.25125 and the final answers to 2 decimal places e.g. 1.25.)

Project A payback period ________ years

Project B payback period _________ years

Which will be selected? Project B, Project A, Neither project