1. Will is trying to select the best investment from among 3 alternatives. Each alternative involves an initial outlay of 100,000$. Their cash flows returns for each project are as follows (in $): project A project B project C year 50,000 40,000 30,000 10,000 20,000 30,000 40,000 50,000 45,000 55,000 60,000 4 a) Evaluate and rank each alternative based on the payback period? What are the general problems associated with using this method? b) Evaluate and rank each alternative based on Net Present Value (use a 10% discounted rate). What are the problems using the NPV? c) Was there any decision conflicts between you got in a) and in b)? If there is a discrepancy then which method would you use and why