1:47:32 ook rint rences Consider the following two mutually exclusive projects: Cash Flow (A) -$425,000 120,000 80,000 80,000 480,000 Year 0 1 A234 4 Whichever project you choose, if any, you require a 15% return on your investment. a-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) Project A Project B Cash Flow (B) -$ 95,000 54,000 37,000 34,500 29,600 O Project A Project B Payback Period 3.31 years 212 years a-2. If you apply the payback criterion, which investment will you choose? b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers decimal places.)

Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 15% return on your investment. a-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) o-2. If you apply the payback criterion, which investment will you choose? Project A Project B. b-1. What is the discounted payback perlod for each project? (Do not round intermediate calculotions. Round the final answe decimal places.)