M/s Priya Industries Ltd. is evaluating 2 options of investments. Each one has the following mentioned Cash Flows.

Evaluate the projects using: i) Pay-back period

ii) NPV

iii) IRR

(Show the calculations for each method.)

Which option you as the Chief Finance Officer of the Company would you select? Give reasons

Year	A	B
0	-40000	-50000
1	5000	8500
2	12000	15000
3	10000	12000
4	12500	12300
5	10500	10500