Consider the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) 2 3 4 -$365,000 38,000 47,000 62,000 455,000 -$40,000 20,300 15,200 14,100 11,200 The required return on these investments is 13 percent Required: (a) What is the payback period for each project? (Do not round intermediate calculations. 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. 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. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Internal rate of return Project A Project B (d) What is tha profitability index for each prajecl? (Do not round intermediate calculations. Round your answers to 3 decimal places (e.g 32.161).) Profitability index Project A Project B (e) Based an your answars in (a) through (d), which project will yau finally choose? (Click to select) v