1. (35 points) You are considering the following two mutually exclusive projects. Both projects will be depreciated using straight-line depreciation to a zero book value over the life of the project. Neither project has any salvage value. Year 0 1 2 3 4 5 6 7 8 9 10 Project(A) -$30,000 13,000 11,000 9,000 7,000 0 Project (B) -$30,000 5,000 5,000 5,000 5.000 5,000 5.000 5,000 5.000 5,000 5.000 O O O 0 0 The required rate of return is 10% (4). (4 points) What is the discounted payback period for each of the projects? Which project should be accepted if discounted payback period method is applied? Assume that the target discounted payback period is 4 years. Explain why. Explain why