All techniques, conflicting rankings

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All techniques, conflicting rankings Nicholson Roofing Materials, Inc., is considering two mutually exclusive projects, each with an initial investment of $200,000. The company's board of directors has set a 4-year payback requirement and has set its cost of capital at 7%. The cash inflows associated with the two projects are shown in the following table: Calculate the pay back period for each project. Rank the projects by payback period. , Calculate the NPV of each project. Rank the project by NPV. Calculate the IRR of each project. Rank the project by ERR. Make a recommendation. The payback period of project A is