Question: Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 12

 Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The

Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 12 percent. Year 0 1 2 3 4 5 Project F -$ 141,000 57,000 53,000 63,000 58,000 53,000 Project G 211,000 37,000 52,000 93,000 123,000 138,000 Required: (a) Calculate the payback period for both projects. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Payback period years Project F Project G years (b) Calculate the NPV for both projects. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Net present value $ Project F Project G $ (c) Which project should the company accept? (Click to select)

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