value: 10.00 points Consider the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) 356,000 47,000 39,000 23,400 59,000 21,400 59,000 18,900 434,000 14,000 Whichever project you choose, if any, you require a 15 percent return on your investment a-1 What is the payback period for each project? (Round your answers to 2 decimal places. (e.g., 32.16) Payback period Project A years Project B years a-2 If you apply the payback criterion, which investment will you choose? O Project A O Project B b-1 What is the discounted payback period for each project? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) Discounted payback period Project A years Project B years b-2 If you apply the discounted payback criterion, which investment will you choose? O Project A O Project B