STU Corporation is evaluating two projects. The financial data is as follows:

	Project G	Project H
Cost of Capital	9%	11%
Initial Investment	$160,000	$190,000
Cash Inflow Year 1	$60,000	$70,000
Cash Inflow Year 2	$70,000	$80,000
Cash Inflow Year 3	$80,000	$90,000

Requirements:

1. Calculate the payback period for each project.
2. Determine the NPV of each project.
3. Compute the IRR for each project.
4. Calculate the PI for each project.
5. Make a recommendation based on the financial analysis.