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Mantra Inc. is considering the mutually exclusive projects shown below. Mantra has a required return of 11% on all new projects. Which should they select?

Mantra Inc. is considering the mutually exclusive projects shown below. Mantra has a required return of 11% on all new projects. Which should they select? Project A Project B Project C Payback 2.1 years 1-5 years 3.4 years NPV $42,100 $38,000 $45,000 IRR 13.3% 17.0% 12.4% O Project A O Project B Project C O None of the projects

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