Based on Payback period which project should be selected? * Explain briefly why you have selected the project. (Maximum two sentences)

Calculate the Net present value of Both Project A and B.

Based on NPV which project should be selected? * Explain briefly why you have selected the project. (Maximum two sentences)

Assume Internal rate of return (IRR) of Project A and B are 9.5 % and 11% respectively. Based on IRR which project should be selected? * Explain briefly why. . (Maximum two sentences)

Year Project A Project B ($150,000) ($21,000) 0 1 1 0 2 10,000 25,000 25,000 18,000 3 13,000 4 240,000 2,000 Year Project A Project B ($150,000) ($21,000) 0 1 1 0 2 10,000 25,000 25,000 18,000 3 13,000 4 240,000 2,000