Ranking Investment Proposals: Payback Period, Accounting Rate of Return, and Net Present Value Presented is information pertaining to the cash flows of three mutually exclusive investment proposals: Required: a) Rank these investment proposals using the payback period, the accounting rate of return on initial investment, an the net present value criteria. Assume that cash flows occur at year-end, the organization's cost of capital is 10% and that all investments are in depreciable assets. Round calculations to four decimal places. b) Explain the difference in the rankings. Which investment would you recommend