a)

b) you are given the opportunity to invest in one of two projects. Project X requires an initial outlay of $30,000, and will receive $37,000 after 3 years. Project Y requires an initial outlay of $100,000 and will receive $117,000 after 4 years. Using the Internal Rate of Return approach, which project would be preferred?

Calculate the Payback, ARR, NPV for each of the following projects. Given what you know about the advantages of each technique, which project would you choose if only one could be chosen? If multiple projects could be undertaken, how many would you accept? Assume that the cost of capital is 7% for each project. a. YEAR iPad 4 -36,000 18,000 12,600 4,500 16,200 3,000 iPhone 6 -11,500 7,500 4,000 6,000 2,000 iMac -15,500 5,500 12,000 2,400 3,000 1,500