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Consider the following two mutually exclusive projects:YearCash Flow (A)Cash Flow (B)0–$65,000 –$250,000 135,000 25,000 227,000 70,000 325,000 70,000 441,000 320,000 The required return on these investments is 10 percent.Required:(a)What is the payback period for each project?(Do not round intermediatecalculations. Round your answers to 2 decimalplaces (e.g., 32.16).)Payback period Project Ayears Project Byears (b)What is the NPV for each project? (Donot round intermediate calculations. Round youranswers to 2 decimal places(e.g.,32.16).)Net present value Project A$ Project B$ (c)What is the IRR for each project? (Donot round intermediate calculations. Enter youranswer as a percentage rounded to 2 decimal places (e.g.,32.16).)Internal rate of return Project A% Project B% (d)What is the profitability index for each project?(Do not round intermediatecalculations. Round your answersto 3 decimal places (e.g., 32.161).)Profitability index Project A Project B (e)Based only on the projects' NPV and IRR, which project shouldyou finally choose?(Click to select)Project A Project B Cannot Be Determined