Paragraph Styles Tesco Company is planning to undertake three different projects requiring initial investment of 500,000 for project A 500 000 for project B and 550,000 for project C. the three different projects will result in cash inflows in accordance with the following table: A B Initial Investment 500,000 500,000 550,000 Year 1 140,000 100,000 180,000 Year 2 170,000 100,000 130,000 Year 3 50,000 100,000 150000 Year 4 70,000 100,000 190,000 Year 5 200,000 100,000 200,000 Requirement Calculate the payback period for each alternative project Calculate the net present value (NPV) of each alternative of the cost of capital is 10% Which project do you recommend