Consider the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) -$416,000 48,500 57,500 74,500 531,000 - 35,500 19,500 14,200 14,100 10,900 2 4 The required return on these investments is 12 percent. a. 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.) Payback period Project A Project B years years b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Net present value Project A Project B c. 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.) Internal rate of return Project A Project B d. 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.) Profitability index Project A Project B e. Based on your answers in (a) through (d), which project will you finally choose? (Click to select)