Apple is considering two mutually exclusive projects. The required rate of return on this project is 10%. The two projects provide the following information: Project A Project B Initial Outlay...

Apple is considering two mutually exclusive projects. The required rate of return on this project is 10%. The two projects provide the following information:

1. Calculate the payback period for each project.


2. Calculate the net present value for each project.


3. Calculate the profitability index for each project.