Fenton, Inc., has established a new strategic plan that calls for new capital investment. The companu has a $9\mathrm{.}8\%$ required rate of return and an $8\mathrm{.}3\%$ cost capital. Fenton currently have an equal annual cash inflows expected. Management ised a screening procedure of calculating a payback period for potential investments and annual cash flows, and the IRR for the $7$ possible investments are shown. Each imvestment has a $6-$year expected useful life and no salvage value.

questions A: Identify which project is unacceptable and briefly state the conceptual justification as to why each of yoir choices is unacceptable.

QuestionB: Assume Fenton has a $$330,000$ available to spend. Which remaining projects should Fenton invest in and in what order?

Question C: If Fenton was not limited to a spending amount, should they invest in all of the projects gicen the company is evaluated using return on investment?