4 a. An Corporation is trying to choose between the following two mutually exclusive projects. Assume that the required return a 104 for both projects Year Project and 0 5 20,000.00 1 s 3,000.00 2 $ 8,000.00 3 5 13,000.00 5 18,000.00 Please apply "Payback decision criterion. If the required payback period is 3 years, then would you choose to invest? Please explain why? b. Please apply "Discounted Payback" decision criterion. If the required payback period is 3 years, then would you choose to inves? Please explain why? Please apply "Profitability Index* decision criterion, and state if you choose to invest? Please explain why? d. Please apply "NP" decision criterion, and state if you choose to invest? Please explain why? Please show all your calculations to gain partial points, Click here for PV & FV Tables C. Click here for Formulas 4 a. An Corporation is trying to choose between the following two mutually exclusive projects. Assume that the required return a 104 for both projects Year Project and 0 5 20,000.00 1 s 3,000.00 2 $ 8,000.00 3 5 13,000.00 5 18,000.00 Please apply "Payback decision criterion. If the required payback period is 3 years, then would you choose to invest? Please explain why? b. Please apply "Discounted Payback" decision criterion. If the required payback period is 3 years, then would you choose to inves? Please explain why? Please apply "Profitability Index* decision criterion, and state if you choose to invest? Please explain why? d. Please apply "NP" decision criterion, and state if you choose to invest? Please explain why? Please show all your calculations to gain partial points, Click here for PV & FV Tables C. Click here for Formulas