3. The investment a company chooses today determines its future success. As a new engineer, you encounter the financial evaluation problem in your first job (as described below). The cash flows for the three mutually exclusive alternatives are given as follows: (25%) Net Cash Flow n Project 1 Project 2 Project 3 0 -$100,000 -$100,000 -$100,000 1 $0 $130,000 SO 2 $160,000 SO SO 3. $0 SO $150,000 4 $0 SO 5 -$20,000 $20,000 $40,000 NPW $23,563 $33,982 $46,298 Please adopt the following three evaluation measures and determine 1) if all the three projects are acceptable; and 2) which project you would select under each method and why, given MARR Reinvestment rate Finance rate = 8%. (a) Conventional-Payback Method, (b) Rate-of-Return Analysis, (c) Benefit-Cost Analysis. (d) You may find some of the above selections are different, why?