Consider the following two mutually exclusive projects:

Year	Cash Flow (A)	Cash Flow (B)
0	$304,915	$14,744
1	26,000	4,428
2	60,000	8,278
3	55,000	13,708
4	400,000	8,101

Whichever project you choose, if any, you require a 6 percent return on your investment.

Required:

(a)	What is the payback period for Project A?
	(options include) 3.31 years 3.41 years 3.24 years 3.51 years 3.58 years

(b)	What is the payback period for Project B?
	(options include) 2.15 years 2.21 years 2.08 years 2.26 years 2.04 years

(c)	What is the discounted payback period for Project A?
	(options include) 3.57 years 3.68 years 3.46 years 3.75 years 3.39 years

(d)	What is the discounted payback period for Project B?
	(options include) 2.21 years 2.16 years 2.39 years 2.28 years 2.35 years

(e)	What is the NPV for Project A?
	(options include) $131,948.73 $142,831.09 $140,110.5 $136,029.61 $129,228.13

(f)	What is the NPV for Project B ?
	(options include) $13,990.65 $14,727 $15,168.81 $15,463.35 $14,285.19

(g)	What is the IRR for Project A?
	(options include)18.9% 18% 17.46% 18.54% 17.1%

(h)	What is the IRR for Project B?
	(Click to select)39%37.05%40.17%40.95%37.83%

(i)	What is the profitability index for Project A?
	(options include)1.446 1.49 1.403 1.374 1.518

(j)	What is the profitability index for Project B?
	(options include)1.939 2.059 1.899 2.099 1.999