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17.please give me a detailed answer to this question. Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $350,000

17.please give me a detailed answer to this question.

Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $350,000 $50,000 1 45,000 24,000 2 65,000 22,000 3 65,000 19,500 4 440,000 14,600 Whichever project you choose, if any, you require a 15% return on your investment. a. If you apply the payback criterion, which investment will you choose? Why? b. If you apply the discounted payback criterion, which investment will you choose? Why? c. If you apply the NPV criterion, which investment will you choose? Why? d. If you apply the IRR criterion, which investment will you choose? Why? e. If you apply the profitability index criterion, which investment will you choose? Why? f. Based on your answers in (a) through (e), which project will you finally choose? Why?

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