A transportation company is considering investing 3 million Dollars in the following three projects and businesses

Project A: Buying Cranes

Project B: Buying Buses

Project C: Buying Vans

The cash flows of the projects are expected to be as follows

					Cash Flow
					Year
Project	1	2	3	4	5	6	7	8	9	10
A (Cranes)	750,000	1,000,000	1,250,000	1,250,000	1,250,000	1,000,000	700,000	500,000	300,000	100,000
B (Buses)	650,000	650,000	650,000	650,000	650,000	650,000	650,000	650,000	650,000	650,000
C (Vans)	400,000	600,000	800,000	1,000,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000

What is the IRR of of each project?

Determine the Net Present Value of each project for discount rates of 10%, 15%, and 20% and determine which ones create value and which ones are not economical.