Consider the following two mutually exclusive projects:

Year	Cash Flow (A)	Cash Flow (B)
0	$ 342,000	$ 50,500
1	53,000	24,800
2	73,000	22,800
3	73,000	20,300
4	448,000	15,400

Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) o -$ -$ 342,000 50,500 1 53,000 24,800 2 73,000 22,800 3 73,000 20,300 4 448,000 15,400 WN - 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.) Project A Project B Payback period 3.32 years 2.14 years 2 a- 2. If you apply the payback criterion, which investment will you choose? Project A O Project B 5 b- What is the discounted payback period for each project? (Do not round intermediate 1. calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B Discounted payback period years years b- 2. If you apply the discounted payback criterion, which investment will you choose? Project A O 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.) NPV 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.) NPV Project A Project B C- 2. If you apply the NPV criterion, which investment will you choose? O Project A Project B d- What is the IRR for each project? (Do not round Intermediate calculations and enter 1. your answers as a percent rounded to 2 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 calculations and round your answers to 3 decimal places, e.g., 32.161.) Profitability index Project A Project B 2. If you apply the profitability index criterion, which investment will you choose? O Project A O Project B f. Based on your answers in (a) through (e), which project will you finally choose