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Consider the following two mutually exclusive projects Year Cash Flow Cash (A FlowB) $54,00023,000 12,700 11,600 2 23,20011,200 3 27,600 12,500 4 46,500 6,000 Whichever

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Consider the following two mutually exclusive projects Year Cash Flow Cash (A FlowB) $54,00023,000 12,700 11,600 2 23,20011,200 3 27,600 12,500 4 46,500 6,000 Whichever project you choose, if any, you require a rate of return of 14 percent on your Investment. If you apply the payback criterion, you will choose Project . If you apply the NPV criterion, you will choose Project criterion, you will choose Project;If you choose the profitability Index criterion, you will choose ProjectBased on your first four answers, which project will you finally choose? f you apply the IRR O A: A; B, B, A O B: A; B, B, A O A: A; B, B, B O B: A: B: A: A

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