Consider the following two mutually exclusive projects: Year 0 Cash Flow (A) $342,000 53,000 73,000 73,000 448,000 Cash Flow (B) 350,500 24,800 22,800 20,300 15,400 1 WN 4 Whichever project you choose, if any, you require a return of 14 percent on your investment. a-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.) years Project A Project B years a-2 If you apply the payback criterion, which investment will you choose? Prev 1 of 1 Next MacBook Pro b-1 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.) Project A Project B years years + sces b-2If you apply the discounted payback criterion, which investment will you choose? Project A Project B C-1 What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B Prev 1 of 1 Noxt MacBook Pro go OOD . F3 F4