ABC Ltd$.$ is a small company that is currently analyzing capital expenditure proposals for the purchase of equipment; the company uses the net present value technique to evaluate projects. The capital budget is limited to $\text{'}500,000$ which ABC Ltd$.$ believes is the maximum capital it can raise. The initial investment and projected net cash flows for each project are shown below. The cost of capital of ABC Ltd is $12\%.$ You are required to COMPUTE the NPV of the different projects.

Project A Project B Project C Project D

$()$

$())$

$())$

$(1)$

Initial Investment $200,000,190,000,250,000,210,000$

Project Cash Inflows:

Year $1$

$50,000,40,000,75,000,75,000$

$2$

$50,000,50,000,75,000,75,000$

$3$

$50,000,70,000,60,000,60,000$

$4$

$50,000,75,000,80,000,40,000$

$5$

$50,000,75,000,100,000,20,000$