Seaside Corporation is considering beginning drilling operations in three separate

fields. Seaside decides to analyze these fields using a $13\%$ discount rate. The

estimated cash flows for each field are as follows:

REQUIRED:

a$.$ Calculate the net present value of each field.

b$.$ Calculate the profitability index of each field.

c$.$ Determine the internal rate of return of each field.

d$.$ Rank the fields from best investment to worst investment.