Consider the following two mutually exclusive projects Flow (A) Cash Flow. (B) ear -5340,00051,500 25,000 23,000 20,500 15,600 55,000 75,000 75,000 450,000 2 3 Whichever project you choose, if any, you require a 16 percent return on your investment a-1 What is the payback period for each project? (Round your answers to 2 decimal places. (e.g... 32.16)) Project A Project B years 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