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Given these proposed projects with their associated NPVs and IRRs: Project X Project Y Project Z NPV $588 $1951 $1,015 IRR 19.1% 15.2% 15.9% Using
Given these proposed projects with their associated NPVs and IRRs:
Project X Project Y Project Z
NPV $588 $1951 $1,015
IRR 19.1% 15.2% 15.9%
Using NPV, rank the projects.
Using IRR, rank the projects.
Ultimately, which project should be given top priority? Explain why you chose the project you did.
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