The table below presents the cash-flows associated to projects A and B:

Project	Year	0	1	2	3	4
A	Investment	4,500
	Cash-flow		1,000	2,400	2,200	1,900
B	Investment	3,000
	Cash-flow		1,100	2,300	2,700	3,500

Compute the NPV and the discounted payback period at an opportunity cost of capital of 12%. (1 pct)

Project	NPV	DPAYBCK
A
B