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-------------------------------------- Please give a step-by-step answer. Thanks! Assume the cost of capital is 12%. Sharpe Manufacturing is considering the following projects: a. Rank the projects

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Please give a step-by-step answer. Thanks!

Assume the cost of capital is 12%. Sharpe Manufacturing is considering the following projects: a. Rank the projects based on NPV. b. Which of the projects would Sharpe Manufacturing accept using the payback method if its policy is to accept all projects with a payback period of 2.75 years or less? c. What are the internal rate of return and profitability index of Projects A, B and C

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