Two mutually exclusive projects are under consideration with the details shown. The company's required rate of return for projects of this risk level is 15%. using this information, answer the questions below:

Year	Project A	Project B
0	(390,000)	(62,000)
1	54,000	28,000
2	74,000	26,000
3	69,000	23,500
4	444,000	18,600

A) Calculate the payback period for each project. Round to two decimals.

Project A

Project B

B) Based on the result of the payback calculation, which project would you recommend?

C) Calculate the discounted payback period for each project. Round to two decimals.

Project A

Project B

D) Based on the result of the discounted payback calculation, which project would you recommend?

E) Calculate the Net Present Value for each project. Round to two decimals.

Project A

Project B

F) Based on the result of the net present value calculation, which project would you recommend?

G) Calculate the Profitability Index for each project. Round to two decimals.

Project A

Project B

H) Based on the result of the profitability index calculation, which project would you recommend?