Capital Budgeting Exercises: Three independent projects are under consideration for capital budgeting purposes. The respective initial investment, cost of capital, and cash flows are provided below. Use th following capital budgeting techniques to evaluate all three projects and indicate whic project should be undertaken, assuming there is no budget constraint: A. Payback period method B. Discounted payback period method C. Net present value method D. IRR method Capital Budgeting Spreadsheet Example ASSIGNMENT \# NAME: LAB TIME: Answer Sheet for Capital Budgeting Exercises From Previous Page