Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 410,000 $ 86,000 1 102,000 48,000 2 77,000 34,000 3 77,000 31,500 4 462,000 26,600 Whichever project you choose, if any, you require a 15% return on your investment. a-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) Payback Period Project A 3.33 years Project B 2.13 years a-2. If you apply the payback criterion, which investment will you choose? multiple choice 1 Project A Project B b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Discounted Payback Period Project A 3.83 years Project B 2.88 years b-2. If you apply the discounted payback criterion, which investment will you choose? multiple choice 2 Project A Project B c-1. What is the NPV for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) NPV Project A $ Project B $ c-2. If you apply the NPV criterion, which investment will you choose? multiple choice 3 Project A Project B e-1. What is the profitability index for each project? (Do not round intermediate calculation. Round the final answers to 3 decimal places.) Profitability Index Project A Project B e-2. If you apply the profitability index criterion, which investment will you choose? multiple choice 4 Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose? multiple choice 5 Project A Project B