Mid$-$town has two project to invest in$.$

Project $1,$ investment $$1,500,000$ with an inflow of yr $1750,000$ yr $2300,000$ yr $3600,000n$ yr $4500,000$

Project $2,$ investment $$1,900,000$ in flow of yr $1800,000$ yr $2900,000$ yr $3850,000$ n yr $4900,000$

Interest rate of $11\%$

Required:

a$.$ The payback period

b$.$ The ARR

c$.$ The discounted payback period

d$.$ The NPV and state which project to reject$/$accept

e$.$ The profitability index and rank the project

f$.$ Compare the NPV and IRR give $4$ comparison.