Orange County Industry (OCI) is an unlevered firm and has $10 million in internal capital that it can invest in one of four mutually exclusive capital investment projects, which have cash flows as shown in Table below (all numbers are in thousands). Project Year 0 Year 1 Year 2 Year 3 A -$10,000 $12,000 $4,200 $600 B -$10,000 $5,500 $10,300 $3,100 C -$10,000 $5,670 $7,260 $8,670 D -$10,000 $2,330 $5,670 $14,670

b. Draw an NPV profile of the four projects. Rank the companys four projects using the NPV criteria under two discount rates 10% and 35%

c. Rank the companys four projects according under the other capital budgeting criteria (IRR, Payback, and discounted payback) under two discount rates 10% and 35%

d. Why do the rankings differ under the four criteria in this context? What are the correct rankings, i.e., rank the projects based on the wealth they add to the shareholders?