Question: please round the numbers to 2 decimal places Problem 8-21 NPV and Payback Period (LO 1, 4] Kaleb Konstruction, Inc., has the following mutually exclusive
Problem 8-21 NPV and Payback Period (LO 1, 4] 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 10 percent Year Project F Project G O-NM $140,000 57,500 52,500 62,500 57,500 52,500 $210,000 37,500 52,500 92,500 122,500 137,500 a. Calculate the payback period for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the NPV for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Which project, if any, should the company accept? years years Project F Project G Project F Project G
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