Question # 4 Strategic Investment Decisions Kelly Hotel projects the cash flows for three alternative investment projects (in $'000) as: Years Project A Project B Project C -350 -350 -350 1 100 40 200 2 200 100 150 3 100 210 240 4 100 260 40 5 140 160 0 For each of the above mentioned project, calculate: The payback period - Net present value (assuming a cost of capital of 9%) Comment on which (if any) project should be accepted D 11