A company has $150,000 to be invested in either project A or project B with the following cash flows:

Year	Project A	Project B
1	$50,000	$15,000
2	$50,000	$45,000
3	$50,000	$90,000
4	$50,000	$75,000
5	$50,000	$35,000

The current cost of capital is 10%.

Required:

1. Calculate for each project:
   • Simple payback period
   • Discounted payback period
   • Net present value
   • Internal rate of return
   • Profitability index

Based on your results, advise which project to undertake.