3 Consider the following two mutually exclusive projects: Year 10 points Cash Flow (B) 45,000 0 Skipped Cash Flow (A) $360,000 35,000 55,000 55,000 430,000 1 2 3 4 23,000 21,000 18,500 13,600 eBook Whichever project you choose, if any, you require a return of 14 percent on your investment. Hint 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.) Print years References Project A Project B years a-2 If you apply the payback criterion, which investment will you choose? O Project A O Project B 3 b-1 What is the discounted payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 10 points years Skipped Project A Project B years eBook b-2If you apply the discounted payback criterion, which investment will you choose? Hint Print O Project A O Project B References 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.) Project A Project B 3 c-2 If you apply the NPV criterion, which investment will you choose? O Project B O Project A 10 points Skipped d-1 What is the IRR for each project? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) eBook % Project A Project B % COM Hint Print fo d-2 If you apply the IRR criterion, which investment will you choose? References O Project A Project B 3 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.) 10 points Skipped Project A Project B eBook Hint e-2If you apply the profitability index criterion, which investment will you choose? Print O Project A O Project B References f. Based on your answers in (a) through (e), which project will you finally choose