Your division is considering two projects with the following cash flows $($in millions$)$:

What is Project A$\text{'}$s payback period

What is Project B$\text{'}$s payback period?

If projects are independent, which project will you accept based on the payback period?

If projects are mutually exclusive, which project will you accept based on the payback

period?

If the WACC is $5\%,$ what is the discounted payback period for Project A$?$

If the WACC is $5\%,$ what is the discounted payback period for Project B$?$

If projects are independent, which project will you accept based on the discounted payback

period?