Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 549,000 $ 107,000 1 144,000 62,000 2 164,000 41,000 3 84,000 38,500 4 504,000 33,600 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 years Project B 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 years Project B 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 d-1. What is the IRR for each project? (Round the final answers to 2 decimal places.) IRR Project A % Project B % d-2. If you apply the IRR criterion, which investment will you choose? multiple choice 4 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 5 Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose? Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 549,000 $ 107,000 1 144,000 62,000 2 164,000 41,000 3 84,000 38,500 4 504,000 33,600 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 years Project B 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 years Project B 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 d-1. What is the IRR for each project? (Round the final answers to 2 decimal places.) IRR Project A % Project B % d-2. If you apply the IRR criterion, which investment will you choose? multiple choice 4 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 5 Project A Project B f. Based on your answers in (a) through (e), which project will you finally choose? multiple choice 6 Project A Project B