introducing one of the firm's products into a new market. Cash flows from each project appear in the following table: $$

a$.$ Calculate the NPV for both projects. Rank the projects based on their NPVs$.$

b$.$ Calculate the IRR for both projects. Rank the projects based on their IRRs.

c$.$ Calculate the PI for both projects. Rank the projects based on their PIs.

d$.$ The firm can undertake only one investment. What do you think the firm should do$?$

Data table

$($Click on the icon here $$ in order to copy the contents of the data table below

into a spreadsheet.$)$