$1.$ If the opportunity cost of capital is $11\%,$ and you have unlimited access to the capital, which one$($s$)$ would you accept? Why did you answer the way you did? Would your response change if the cost of capital is $16\%?$ Why or why not?

$2.$ Suppose that you have limited access to the capital and you need to choose only one project. Which one would you choose and why? The discount rate is still $11\%.$

$3.$ What is the payback period of each project? Please analyze if$,$ in general, a decision based on payback is consistent with a decision based on NPV$.$

$4.$ What are the internal rates of return $($IRR$)$ on the three projects? Does the IRR rule in this case give the same decision as NPV$?$ How do you know?

$5.$ If the opportunity cost of capital is $11\%,$ what is the profitability index for each project? Please analyze if$,$ in general, decisions based on profitability index are consistent with decisions based on NPV$.$

$6.$ What is the most generally accepted measure to choose between the projects? Please justify your answer.