According to the case, which project has the highest IRR in the Base Case scenario? (Target Corporation case study)

A. Gopher Place

B. Whalen Court

C. The Barn

D. Stadium Remodel

If you can only accept one of the Target projects, which would you choose based on the NPV in the Base Case? (Target Corporation Case study)

A. Gopher Place

B. Whalen Court

C. The Barn

D. Stadium Remodel

If you can only accept one of the Target projects, which would you choose based on the profitability index (NPV/Initial Investment) in the Base case? (Target Corporation case study)

A. Gopher Place

B. Whalen Court

C. The Barn

D. Stadium Remodel

Exhibit 7 Target Corporation Economic Analysis Summary of Project Proposals Net Present Value Trade Area" Gopher Place Whalen Court The Barn Goldie's Square Stadium Remodel Investment ($000) $23,000 $119,300 $13,000 $23,900 $17.000 Base Case NPV (5000) $16,800 $25,900 $20,500 $300 $15,700 10% Sales Decline (5000) (54,722) ($16,611) ($4,066) (54,073) ($7,854) IRR 12.3% 9.8% 16.4% 8.1% 10.8% Population 70,000 632,000 151,000 222,000 N/A Population Increase 2000-2005 27% 3% 3% 16% N/A Median Income $56,400 $48.500 $38,200 $56,000 $65,931 % Adults 4+ yrs, college 12% 45% 179 24% 42%