Consider the following two mutually exclusive projects:

The required return on these investments is $14$ percent.

a$.$ What is the payback period for each project?

Note: Do not round Intermedlate calculatlons and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ What is the NPV for each project?

Note: Do not round Intermedlate calculatlons and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

c$.$ What is the IRR for each project?

Note: Do not round Intermedlate calculatlons and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

d$.$ What is the profitability index for each project?

Note: Do not round Intermedate calculatlons and round your answers to $3$ decimal places, e$.$g$.,32\mathrm{.}161.$

e$.$ Based on your answers in $($a$)$ through $($d$),$ which project will you finally choose?