Consider the following two mutually exclusive projects: Cash Flow (B) Cash Flow (A Year -$358,942 -$15,985 0 1 28,800 5,801 2 58,000 8,322 13,323 3 51,000 4 412,000 9,495 Whichever project you choose, if any, you require a 6 percent return on your investment a. What is the payback period for Project A? b. What is the payback period for Project B? c. What is the discounted payback period for Project A? d. What is the discounted payback period for Project B? e. What is the NPV for Project A? f What is the NPV for Project B 2 g. What is the IRR for Project A? h. What is the IRR for Project B? i What is the profitability index for Project A? 1 j. What is the profitability index for Project B? P9-17 Comparing Investment Criteria (LO1, 2, 3, 5, 7 Consider the following two mutually exclusive projects: Year Cash Flow (A) $358,942 28,800 58,000 51,000 412,000 Cash Flow (B) -$15,985 5,801 8,322 13,323 9,495 0 1 3 Whichever project you choose, if any, you require a 6 percent return on your investment a. What is the payback period for Project A? 3.54 years b. What is the payback period for Project B? 2 25 years O-2m