Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0...

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Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -$ 54,000 -$ 23,000 1 12,700 11,600 2. 23,200 11,200 3 27,600 12,500 4 46,500 6,000 Whichever project you choose, if any, you require a rate of return of 14 percent on your investment. If you apply the payback criterion, you will choose Project if you apply the NPV criterion, you will choose Project ______; if you apply the IRR criterion, you will choose Project _______ if you choose the profitability index criterion, you will choose Project Based on your first four answers, which project will you finally choose

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