Comparing Investment Criteria (L01,2,3,5,7] Consider the following two tually exclusive projects 17. Cash Flow (B) Cash Flow (A) Year -$52,000 -$364,000 0 25,000 46,000 22,000 68,000 2 21,500 68,000 17,500 458,000 investment. a. If you apply the payback criterion, which investment will you choose? Why? b. If you apply the discounted payback criterion, which investment will you choose? Why? c. If you apply the NPV criterion, which investment will you choose? Why? d. If you apply the IRR criterion, which investment will you choose? Why? e. If you apply the profitability index criterion, which inv Why? f. Based on your answers in (a) through (e), which project will you finally choose Why? estment will you choose