Consider the following cash flows of two mutually exclusive projects. YEAR

Consider the following cash flows of two mutually exclusive projects.

YEAR PROJECT A PROJECT B

0 $-266750 $-32678

1 29900 13339

2 59000 12828

3 58000 11633

4 385000 9281

Whichever project you choose if any you require a 15 percent return on your investment.

The payback period for Project A is ???? and for Project B ???? (round to 2 decimal places)

The NPV for Project A is $ ???? for Project b $ ????? (round to 2 decimal places)

The IRR for Project A is ????? % for Project B ?????? % (round to 2 decimal places)

Based on your answers which Project will you choose?