Consider Projects G and H, which are mutually exclusive:

	Project G	Project H
Cost of Capital	12%	10%
Initial Investment	$140,000	$130,000
Cash Inflow Year 1	$30,000	$40,000
Cash Inflow Year 2	$50,000	$60,000
Cash Inflow Year 3	$70,000	$50,000

a. Calculate the payback period for each project.
 b. Determine the NPV for both projects using the respective cost of capital.
 c. Find the IRR for each project.
 d. Calculate the profitability index for each project.
 e. Provide a recommendation on which project to choose.