Question: Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 15 percent return on your investment. What is the

 Consider the following two mutually exclusive projects: Whichever project you choose,

Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 15 percent return on your investment. What is the payback period for each project? (Round your answers to 2 decimal places, (e.g.. 32.16)) If you apply the payback criterion, which investment will you choose? Project A Project B What is the discounted payback period for each project? (Do not round intermediate calculations and round your final answers to 2 decimal places, (e.g., 32.16)) If you apply the discounted payback criterion, which investment will you choose? Project A Project B What is the NPV for each project? (Do not round intermediate calculations and round your final answers to 2 decimal places, (e.g., 32.16)) If you apply the NPV criterion, which investment will you choose? Project A Project B What is the IRR for each project? (Round your answers to 2 decimal places, (e.g., 32.16)) If you apply the IRR criterion, which investment will you choose? Project A Project B What is the profitability index for each project? (Do not round intermediate calculations and round your final answers to 3 decimal places, (e.g., 32.161))

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