Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -$40,000 $180,000 25,000 15,000 2 22.000 45,000 20,000 50,000 15,000 275,000 1 3 4 The required return on these investments is 11 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 years Project B 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 the profitability index for each project? (Do not round intermediate calculations. Round your answers to 3 decimal places (e.g., 32.161).) Profitability index Project A Project B (e)Based on your answers in (a) through (d), which project will you finally choose? (Click to select)