Estimated time allowance: 2-4 minutes. You are presented with 6 projects. All projects are 7-year projects. NPV = Net present value. IRR = internal rate of return. MIRR = modified internal rate of return. PI = profitability index. NPV= IRR= MIRR= Project A ($18,539) 11.77% 12.97% 0.94 Project B $52,715 21.71% 17.16% 1.21 Project C $3,327 15.24% 14.36% 1.02 Project D $8,876 43.46% 24.83% 1.89 Project F $11,041 30.18% 20.12% 1.44 Project G $23,725 18.13% 15.84% 1.12 PI= If all projects are independent, which project or projects should be selected using the NPV rule? The discounting rate (r) is 14%