Question: Consider the following two mutually exclusive projects: Year 0 Cash flow A is -$348,000, year 1 is 47,000, year 2 is 67,000, year 3 is

Consider the following two mutually exclusive projects: Year 0 Cash flow A is -$348,000, year 1 is 47,000, year 2 is 67,000, year 3 is 67,000, and year 4 is 442,000. Year 0 for cash Flow (B) is -$51,000, year 1 is 24,200, year 2 is 22,200, year 3 is 19700, year 4 is 14,800. Whichever project you choose, if any, you require a return of 14 percent on your investment. Question 1.) What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Question 2.) If you apply the payback criterion, which investment will you choose? Question 3.) What is the discounted payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Question 4.) If you apply the discounted payback criterion, which investment will you choose? Question 5.) What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Question 6.) If you apply the NPV criterion, which investment will you choose? Question 7.) What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Question 8.) If you apply the IRR criterion, which investment will you choose? Question 9.) What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Question 10.) If you apply the profitability index criterion, which investment will you choose? Question 11.) Based on your answers in (1) through (10), which project will you finally choose?

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