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e. Using the following data, which of the two projects will you select and why? Time Project A (GHC) Project B (GHC) 0 (20,000) (20,000)

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e. Using the following data, which of the two projects will you select and why? Time Project A (GHC) Project B (GHC) 0 (20,000) (20,000) 7,000 1,000 2 7,000 1,000 3 7,000 9,200 4 7,000 20,000 i. Using the NPV method for both Project A and B if the cost of capital is 15%. ii. Using the Payback method for both Project A and B

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