Consider the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) -$364, 000 46, 000 68, 000 68, 000 458, 000 -$52, 000 25, 000 22, 000 21, 500 17, 500 Whichever project you choose, if any, you require a return of 11 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.) Payback period Project A Project B Years Years a-2. If you apply the payback criterion, which investment will you choose? ProjectA O Project B