PRM Consulting Ltd$.$ has $$40$ million at its disposal, and the management isconsidering the following projects for investment. The Project Analyst hasprepared the following table for the board you are a member of$.$ The ProjectAnalyst further told the committee that the companys cost of capital is $12\%.$ Analyse and make your decision if the projects will have a good impact and also if the project are mutually exclusive or independent.

Project A

Initial investment$=$ $$10,000,000$NPV$=$ $$20,000,000$

IRR$=25\%$

Project B

Initial investment$=$ $$15,000,000$NPV$=$ $$15,000,000$

IRR$=15\%$

Project C

Initial investment$=$ $$15,000,000$NPV$=$ $$21,000,000$

IRR$=20\%$