Why is the answer for f Project A???

Project B beats Project A in all but one of the criteria.

Problem 9-17 Comparing Investment Criteria [LO1, 2, 3, 5, 7] Consider the following two mutually ewdiusive projects: Whichewer praject you choose, if any. you require a return of 15 percent on your irnestment. a-1. 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.) a. If you apply the payback criterion, which investment will you choose? Project A Preject B b- What is the discounted payback period for each project? (Do not round intermediate 1. calculations and round your answers to 2 decimal places, e.g., 32.16.) b. If you apply the discaunted paytack criterian, which irmestment will you choose? Project A Project B c-1.What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2. If you apply the NPY criterion, which irrvestment will you choose? Project A Project B d. What is the IRR for each project? (Do not round intermediate calculations and enter 1. your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete and correct. Project A Project B e-1.What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) e: If you apply the profitability index criterian, which imvestment will you choose? Project A Project B f. Pased on your answers in (a) through (e), which praject will you finally chaose