Consider the following two mutually exclusive projects:

Year	Cash Flow (A)				Cash Flow (B)
0		$-357,000				$-46,500
1		38,000				23,300
2		58,000				21,300
3		58,000				18,800
4		433,000				13,900

Whichever project you choose, if any, you require a 14 percent return on your investment.

What is the discounted payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Discounted payback period

Project A

years

Project B

years

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What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.)

	Profitability index
Project A
Project B