You have two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -161,000 -111,000 1 29,800 59,700 2 50,100 45,100 3 70,100 29,700 4 90,000 19,900 Irrespective of the project, the discount rate is 10 percent. Calculate the payback and discounted payback periods for the projects. Which one will you consider? (Round answers to 2 decimal places, e.g. 25.25.) Payback period Discounted payback period Project A years years Project B years years Better Project