Consider the following two mutually exclusive projects: Year 0 1234 Cash Flow (A) Cash Flow (B)...

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Consider the following two mutually exclusive projects: Year 0 1234 Cash Flow (A) Cash Flow (B) $- 222,093 29,800 55,000 57,000 386,000 -$ 15,665 5,109 8,099 13,937 9,737 Whichever project you choose, if any, you require a 6 percent return on your investment. a. What is the payback period for Project A? Payback period 3.21 years 3.30 years 3.05 years 3.11 years 3.21 years Consider the following two mutually exclusive projects: Year 0 1234 Cash Flow (A) Cash Flow (B) $- 222,093 29,800 55,000 57,000 386,000 -$ 15,665 5,109 8,099 13,937 9,737 Whichever project you choose, if any, you require a 6 percent return on your investment. a. What is the payback period for Project A? Payback period 3.21 years 3.30 years 3.05 years 3.11 years 3.21 years