9. value: 9.09 points Consider the following two mutually exclusive projects: Year 0 ANO Cash Flow (A) -$341,000 54,000 74.000 74.000 449,000 Cash Flow (B) -$ 51,000 24,900 22,900 20,400 15,500 Whichever project you choose, if any, you require a 15 percent return on your investment 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.) Payback period Project A years Project B years a-2 If you apply the payback criterion, which investment will you choose? Project A Project B 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.) Discounted payback period Project A years Project B years b-2 If you apply the discounted payback criterion, which investment will you choose