Problem $9-17$ Comparing Investment Criteria $($LO$1,2,3,5,7)$

Consider the following two mutuslly exclusive projects:

Whichever project you choose, if any, you require o $15\%$ return on your investment.

a$-1.$ Whot is the poybock period for each project? $($Round the final answers to $2$ decimal places.$)$

a$-2.$ If you opply the poybock criterion, which investment will you choose?

Project A

Project B

b$-1.$ What is the discounted poybock period for each project? $($Do not round Intermedlate calculations. Round the final answers to $2$

decimal places.$)$

b$-2.$ If you opply the discounted poybock criterion, which investment will you choose?

Project A

Project B

c$-1.$ What is the NPV for each project? $($Do not round intermedlate calculations. Round the final answers to $2$ decimal places. Omlt $

sign In your response.$)$

c$-2.$ If you apply the NPV criterion, which investment will you choose?

Project A

Project B

d$-1.$ What is the IRR for each project? $($Round the final answers to $2$ decimal places.$)$

d$\mathrm{.}2.$ If you spply the IRR criterion, which investment will you choose?

Project A

Project B