a$.$ The table below shows the NPV and IRR for the three projects$-$ A$,$ B and C$.$ The

opportunity cost of capital for the three projects is $15\%.$ Assuming the projects are

mutually exclusive, which project would be economically feasible and why? $(5$ marks$)$

Project A Project B Project C

NPV $30,000-31,500-35,000$

IRR $22\%-30\%-20\%$