t ices Consider the following two mutually exclusive projects:- Year Cash Flow (A) -$ 423,000 Cash Flow (8)) -$ 39,000 1 45,000 20,200 2 61,000 13,500 78,000 17,600 538,000 14,400 The required return on these investments is 14 percent. a. What is the payback period for each project? Note: 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? Note: 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? Note: 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? Note: Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161. e. Based on your apswers in (a) through (d), which project will you finally choose? a. Project A Project B b. Project A Project B c. Project A Project B d. Project A Project B years years % % a. Project A