Consider the following two mutually exclusive projects Cash Flow Cash Flow Year $344,000 -$49,000 51,000 24,600 0 2 3 4 20,100 446,000 5,200 1,000 22,60 71,000 Whichever project you choose, if any, you require a return of 15 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.) Answer is not complete Project A Project B 1.02 years years a-2lf you apply the payback criterion, which investment will you choose? OProject 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.) Project A Project B years years b-2lf you apply the discounted payback criterion, which investment will you choose? ProjectA Project c-1 What is the NPV for each project? (Do not round Intermediate calculations and round your answers to 2 declmal places, e.g., 32.16.) Project A Project B -2If you apply the NPV criterion, which investment will you choose? Project A OProject E d-1 What is the IRR for each project? (Do not round Intermediate calculatlons. Enter your answers as a percent rounded to 2 declmal places, e.g., 32.16.) Project A Project B Project A Project B d-2If you apply the IRR criterion, which investment will you choose? O Project A Project B e-1 What is the profitability index for each project? (Do not round Intermediate calculations and round your answers to 3 declmal places,e.g., 32.181.) Project A Project B e-2lf you apply the profitability index criterion, which investment will you choose? Project A Project E f. Based on your answers in (a) through (e). which project will you finally choose