Consider the following two mutually exclusive projects: 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.) a- If you apply the payback criterion, which investment will you choose? 2. Project A Project B b. What is the discounted payback period for each project? (Do not round intermediate Project B b. What is the discounted payback period for each project? (Do not round intermediate 1. calculations and round your answers to 2 decimal places, e.g., 32.16.)