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As director of Capital budgeting you are responsible for making investment decisions that are in shareholders best interest. You are evaluating the following three mutually

As director of Capital budgeting you are responsible for making investment decisions that are in shareholders best interest. You are evaluating the following three mutually exclusive investments. Based on the following information which project should you choose?

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a. Project A

b. Project B

C. Project C

D. Need more information

Project Payback IRR NPV 2 years 11% $500 3 years 1290 $1500 4 years 13% $1000

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