A.Project S costs $2,342 up front, and its expected net cash inflows are $887 per year for 7 years (with the first inflow occurring one year from today). If the WACC is 11%, the project's NPV is $_________.

B. Project L costs $3,560, its expected cash inflows are $819 per year for 10 years, and its cost of capital is 11%. The project's (regular, i.e. "traditional") payback period is ______ years. Round your answer to 2 decimal places (example: for 12.345 years, you should enter 12.35).