Consider the following two mutually exclusive projects: YearCash Flow $($A$)$ Cash Flow $($B$)0$$$420,000$ $$92,0001114,00052,000279,00036,000379,00033,5004474,00028,600$ 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 PeriodProject A$3\mathrm{.}32$ yearsProject B$2\mathrm{.}12$ years a$-2.$ If you apply the payback criterion, which investment will you choose? multiple choice $1$Project AProject 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 PeriodProject A$3\mathrm{.}79$ yearsProject B$2\mathrm{.}89$ years b$-2.$ If you apply the discounted payback criterion, which investment will you choose? multiple choice $2$Project AProject 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.$)$ NPVProject A$ Project B$ c$-2.$ If you apply the NPV criterion, which investment will you choose? multiple choice $3$Project AProject B d$-1.$ What is the IRR for each project? $($Round the final answers to $2$ decimal places.$)$ IRRProject A $\%$Project B $\%$ d$-2.$ If you apply the IRR criterion, which investment will you choose? multiple choice $4$Project AProject 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 IndexProject AProject B e$-2.$ If you apply the profitability index criterion, which investment will you choose? multiple choice $5$Project AProject B f$.$ Based on your answers in $($a$)$ through $($e$),$ which project will you finally choose? multiple choice $6$Project AProject B