The company is evaluating two projects, Project G and Project H. Project G requires an initial investment of $50,000, and Project H requires $48,000.

Yearly Cash Flows

• Year 1: Project G - $13,000; Project H - $15,000
• Year 2: Project G - $15,500; Project H - $12,000
• Year 3: Project G - $16,000; Project H - $11,000
• Year 4: Project G - $12,000; Project H - $10,000

Requirements: (a) Calculate the NPV for each project using a discount rate of 13%. (b) Determine the IRR for each project. (c) Discuss the acceptability of each project if the required rate of return is 12%. (d) Compute the profitability index for both projects. (e) Evaluate the strategic importance of each project to the company's long-term goals.