Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) -$ 424,000 -$ 39,500 1 44,500 20,300 2 61,500 13,400 3 4 78,500 539,000 18,100 14,900 The required return on these investments is 11 percent. . What is the payback period for each project? Note: Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. What is the NPV for each project? Note: Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. What is the IRR for each project? Note: Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. d. What is the profitability index for each project? Note: Do not round Intermediate calculations and round your answers to 3 decimal places, e.g., 32.161. e. Based on your answers in (a) through (d), which project will you finally choose? a. Project A Project B b. Project A Project B c. Project A Project B d. Project A e. Project B years years 96 96