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 14%. 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	72,000	24,500
4	424,000	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? Answer with the letter A or B only.

C) Calculate the Net Present Value for each project. Round to no decimals and do not enter dollar signs or commas.

Project A

Project B

D) Based on the result of the net present value calculation, which project would you recommend? Answer with the letter A or B only.

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

Project A

Project B

F) Based on the result of the profitability index calculation, which project would you recommend? Answer with the letter A or B only.