Novell, Inc., has the following mutually exclusive projects. Year Project A Project B 0 –$21,000 –$24,000 1 12,500 13,500 2 9,000 10,000...

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Novell, Inc., has the following mutually exclusive projects.

Year Project A Project B
  0 –$21,000    –$24,000
  1 12,500    13,500
  2 9,000    10,000
  3 3,000    9,000

a-1.
Calculate the payback period for each project. (Do notround intermediate calculations and round your answers to 3 decimalplaces, e.g., 32.161.)

Project A: ___ years
Project B: _ years
b-1.
What is the NPV for each project if the appropriate discountrate is 17 percent? (A negative answer should be indicatedby a minus sign. Do not round intermediate calculations and roundyour answers to 2 decimal places, e.g., 32.16.)
Project A NPV: _
Project B NPV: ___

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Project A Year 0 1 2 3 Cashflowin 21000 12500 9000 3000 Cumulative Cashflowin 21000 8500 500 3500 Payback Period ABC where A last period containing negative cumulative cash flow 1 B absolute value of cumulative See Answer

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Novell, Inc., has the following mutually exclusive projects. YearProject AProject B 0–$21,000 –$24,000 112,500 13,500 29,000 10,000 33,000 9,000 a-1.Calculate the payback period for each project. (Do notround intermediate calculations and round your answers to 3 decimalplaces, e.g., 32.161.)Project A: _____ yearsProject B: _____ yearsb-1.What is the NPV for each project if the appropriate discountrate is 17 percent? (A negative answer should be indicatedby a minus sign. Do not round intermediate calculations and roundyour answers to 2 decimal places, e.g., 32.16.)Project A NPV: _____Project B NPV: _____

Year	Project A	Project B
0	–$21,000	–$24,000
1	12,500	13,500
2	9,000	10,000
3	3,000	9,000