Consider the following two mutually exclusive projects: The required return on these investments is 12 percent. a. 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.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) d. 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.) e. Bzsed on your answers in (a) through (d), which project will you finally choose? \begin{tabular}{|l|l|l|l|} \hline a. & Project A & & years \\ \hline & Project B & & years \\ \hline b. & Project A & & \\ \hline & Project B & & \\ \hline c. & Project A & & % \\ \hline & Project B & & % \\ \hline d. & Project A & & \\ \hline & Project B & & \\ \hline e. & & & \\ \hline & & & \\ \hline \end{tabular}