you are the cfo of xyz o that prints textbook using an outdated system. the owner provides you with the following information about the two new super modification projects "Shakespeare" and "Voltaire" that are mutually exclusive and that will las for 2 years.

project Shakespeare will require a new machine that costs $500,000. it will increase cash flows by $321,000 in year 1 and $375,000 in year 2.

project Voltaire will require a new machine that costs $300,000 it will increase cash flows by $183,000 in year 1 and $264,000 in year 2. the interest (discounted rate) is 10 percent. provide numerical support

What is the payback period for the two projects? which project will you choose if the bechmark payback period is 1 year 5 months?

what is the discounted payback period for the two projects? which project will you choose if the benchmark discounted payback period is 1 year 7 months?

what is the NPV of the two projects? which project would you choose?

What is the PI ratio?

IRR?