Question: Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 14 percent return on your investment. a-1 What is


Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 14 percent return on your investment. a-1 What is the payback period for each project? (Do not round intermec calculations and round your answers to 2 decimal places, e.g., 32.16.) e-1 What is the profitability index for each project? (Do not round intermed calculations and round your answers to 3 decimal places, e.g., 32.161.) e-2 If you apply the profitability index criterion, which investment will you choose? Project A Project B
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