Question 1: Salalalh Methanol company management is considering three competing investment Projects A, B & C

Year	Project A	Project B	Project C
Initial Investment	12000	12000	12000
1	1200	4150	5225
2	3100	5260	8250
3	3800	7360	9275
4	4600	9460	9300
Assume a discount Rate of 5.45 %

Use the information above and help the management in choosing the most desirable Project using Payback period, Discounted payback Net Present value and Profitability Index. Out of the four methods which is considered to be the most desirable. Explain