Consider the following two mutually exclusive projects: Year 1 2 3 4 Cash Flow (A) -$364,900 46,000 68,000 68,000 458,000 Cash Flow (B) -$52,000 25,000 22,000 21,500 17,500 Whichever project you choose, if any, you require a return of 1 a-1. What is the payback period for each project? (Do not roun c-1. What is the NPV for each project? (Do not round intermediate cal 32.16.) NPV Project A Project B 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? (Do not round intermediate calculat decimal places, e.g., 32.16.) IRR % Project A Project B d-2. If you apply the IRR criterion, which investment will you choose? Project A O Project B e-1. What is the profitability index for each project? (Do not round intermediate calc places, e.g., 32.161.) Profitability index Project A Project B e-2. If you apply the profitability index criterion, which investment will you choose? O Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose? Project A pcie P Consider the following two mutually exclusive projects: Year 1 2 3 4 Cash Flow (A) -$364,900 46,000 68,000 68,000 458,000 Cash Flow (B) -$52,000 25,000 22,000 21,500 17,500 Whichever project you choose, if any, you require a return of 1 a-1. What is the payback period for each project? (Do not roun c-1. What is the NPV for each project? (Do not round intermediate cal 32.16.) NPV Project A Project B 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? (Do not round intermediate calculat decimal places, e.g., 32.16.) IRR % Project A Project B d-2. If you apply the IRR criterion, which investment will you choose? Project A O Project B e-1. What is the profitability index for each project? (Do not round intermediate calc places, e.g., 32.161.) Profitability index Project A Project B e-2. If you apply the profitability index criterion, which investment will you choose? O Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose? Project A pcie P