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3 capital projects as shown below have been analyzed using capital budgeting tools. Project A Net Present value (NPV) $35,918,998 Internal rate of return (IRR)

3 capital projects as shown below have been analyzed using capital budgeting tools.

Project A

Net Present value (NPV) $35,918,998

Internal rate of return (IRR) 72.86%

Payback period 1

Profitability index (PI) 4.59

Project B

Net Present value (NPV) $18,535,239

Internal rate of return (IRR) 80.53%

Payback period 0.73

Profitability index (PI) 3.70

Project C

Net Present value (NPV) $35,648,534

Internal rate of return (IRR) 54.25%

Payback period -0.03

Profitability index (PI) 3.18

Which of these projects is the most viable?

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