Consider the following two mutually exclusive projects: Cash Flow Year B) O-NM + Cash Flow (A) 351,000 44,000 64,000 64,000 439,000 49,500 23,900 21,900 19,400 14,500 Whichever project you choose, if any, you require a return of 14 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.) years Project A Project B years a-2 If you apply the payback criterion, which investment will you choose? Project 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 b-2 If you apply the discounted payback stment will you choose? Project A ces Project B C-1 What is the NPV for each project? (Do not round intermed iate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B C-2 If you apply the NPV criterion, which investment will you choose? Project A Project B d-1 What is the IRR for each project? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Project A Project B Inces d-21f 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 calculations and round your answers to 3 decimal places, e.g., 32.161.) Project A Project B 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