Consider the following two mutually exclusive projects: Year ONM Cash Flow (A) Cash Flow (B) -$429,000 $42,000 42,000 20,800 64,000 12.900 81,000 20,600 544,000 17,400 The required return on these investments is 11 percent. a. What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) d. 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.) e. Based on your answers in (a) through (d), which project will you finally choose? years years b. Project A Project B Project A Project B Project A Project B Project A Project B