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Project A Project B Project C Now -150,000 -300,000 -150,000 End of Year 1 120,000 200,000 110,000 End of year 2 80,000 180,000 90,000 IRR

Project A

Project B

Project C

Now

-150,000

-300,000

-150,000

End of Year 1

120,000

200,000

110,000

End of year 2

80,000

180,000

90,000

IRR of each project

NPV of each project

If independent, which should be accepted

If mutually exclusive, which should be selected

If budget is 450,000, which should be selected

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