Consider the following two mutually exclusive projects: Cash Flow Year (A) 0 -$537,000 1 138,000 2 158,000 3 83,000 4 469,000 Cash Flow (B) -$104,000 42,000 40,000 37,500 32,600 Whichever project you choose, if any, you require a 15% return on your investment 2-1. What is the payback perlod for each project? (Round the final answers to 2 decimal places.) Payback Period Project years Project years a-2. If you apply the payback criterion, which investment will you choose? O Project A O Project B b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Discounted Payback Period Project years Project B years b-2. If you apply the discounted payback criterion, which investment will you choose? Project A O Project B c-1. What is the NPV for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omits sign in your response.) NPV Project Project c-2. If you apply the NPV criterion, which investment will you choose? Project A O Project B c-2. If you apply the NPV criterion, which investment will you choose? O Project A O Project B d-1. What is the IRR for each project? (Round the final answers to 2 decimal places.) IRR Project A Project d-2. If you apply the IRR criterion, which investment will you choose? O Project A O Project B e-1. What is the profitability index for each project? (Do not round intermediate calculation. Round the final antwers to 3 decimal places.) Profitability Index Project A Project O Project A O Project B e-1. What is the profitability index for each project? (Do not round intermediate calculation. Round the final answers to 3 decimal places.) Profitability Index Project A Project e-2. If you apply the profitability index criterion, which investment will you choose? O Project A O Project B f. Based on your answers in (a) through (e), which project will you finally choose? O Project A O Project B Dent Anfin !!! Naut b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Discounted Payback Period Project A years Project B years b-2. If you apply the discounted payback criterion, which investment will you choose? Project A O Project B c-1. What is the NPV for each project? (Do not round Intermediate calculations, Round the final answers to 2 decimal places. Omit$ sign in your response.) NPV Project Projects c-2. If you apply the NPV criterion, which investment will you choose? Project A O Project B d-1. What is the IRR for each project? (Round the final answers to 2 decimal places.) IRR Project Project B d-2. If you apply the IRR criterion, which investment will you choose? Project A Project B e-1. What is the profitability index for each project? (Do not round intermediate calculation. Round the final answers to 3 decimal places.) Profitability Index Project Project e-2. If you apply the profitability index criterion, which investment will you choose? Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose? Project A O Project B