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Tri Star, Inc., has the following mutually exclusive projects: Calculate the payback period for each project. (Do not round intermediate calculations. Round your answers to

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Tri Star, Inc., has the following mutually exclusive projects: Calculate the payback period for each project. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Based on the payback period, which project should the company accept? If the appropriate discount rate is 9 percent, what is the NPV for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Based on the NPV, which project should the company accept

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