Consider the following two mutually exclusive projects: Year 0 1 2 3 Cash Flow (A) --$410,000 66,000 86,000 71,000 446,000 Cash Flow (B) -$ 68,000 36,000 28,000 25,500 20,600 Whichever project you choose, if any, you require a 15% return on your investment. a-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) Project A Project B Payback Period years years a-2. If you apply the payback criterion, which investment will you choose? O Project A O Project B b-1. What is the discounted payback period for each project? (Do not round Intermediate calculations. Round the final answers to 2 decimal places.) Project Project DL counted Payback Period years years b-2. If you apply the discounted payback criterion, which investment will you choose? O Project A O Project B c-1. What is the NPV for each project? (Do not round Intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) NPU 5 Project A Project 1 5 c-2. If you apply the NPV criterion, which investment will you choose? O Project A O Project B d-1. What is the IRR for each project? (Round the final answers to 2 decimal places.) TRI Project A Project B d-2. If you apply the IRR criterion, which investment will you choose? O Project A Proiect B e-1. What is the profitability index for each project? (Do not round Intermediate calculation. Round the final answers to 3 decimal places.) Profitability Index Project A Projects e-2. If you apply the profitability index criterion, which investment will you choose? O Project A O Project B f. Based on your answers in (a) through (e), which project will you finally choose? Project A Project B