Award: 10.00 points Consider the following two mutually exclusive projects: Cash Flow (B) Cash Flow (A) -$364,000 46,000 68,000 68,000 458,000 Year -$52,000 25,000 22,000 21,500 17,500 2 4 Whichever project you choose, if any, you require a return of 11 percent 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 Project B Years Years d-1. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) IRR Project A Project B d-2. If you apply the IRR criterion, which investment will you choose? ProjectA O Project B 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.) Profitability index Project A Project B