Jackson Company is deciding between four different possible investments. The relevant information is as follows:

	A	B	C
Initial Investment	(125,000,000)	(95,000,000)	(100,000,000)
Year 1 Cash Flow	15,000,000	10,000,000	(15,000,000)
Year 2 Cash Flow	25,000,000	12,000,000	25,000,000
Year 3 Cash Flow	30,000,000	17,000,000	40,000,000
Year 4 Cash Flow	40,000,000	25,000,000	60,000,000
Year 5 Cash Flow	60,000,000	20,000,000	75,000,000
Year 6 Cash Flow	70,000,000	24,000,000	80,000,000
Discount Rate	5.00%	3.50%	6.50%

Required

• Using the payback method, how long will take each investment to get their money back? Round your answer to two decimals.
• Calculate the net present value for all four investments.
• Calculate the internal rate of return for all four investments. Show your answers as percentages with two decimals.
• Which investments should be made? Which one investment is the best? Support your answers.

	A	B	C
Payback in Years
Net Present Value
Internal Rate of Return

Which investments should be made? Which investment is the best one?