Consider the following two mutually exclusive projects: Year 0 1 Cash Flow (A) $310,000 25,000 70,000 70,000 410,000 Cash Flow (B) $32,000 19.000 11,000 19,000 11,000 2 3 4 The required return on these investments is 12 percent. Required: (a) What is the payback period for each project? (Do not round Interme calculations. Round your answers to 2 decimal places (0.9., 32.16).) Project A Project B Payback period years years (b) What is the NPV for each project? (Do not round intermediate calculations. your answers to 2 decimal places (e.g.,3216).) Net present value Project A Project B $ (c) What is the IRR for each project? (Do not round intermediate calculations. your answer as a percentage rounded to 2 decimal places (e.g.. 32.16).) Internal rate ofrecen td what the profitably week for the 12 Do not round intermed Shaton Libraties