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The following five projects are mutually exclusive. Which one should the firm choose? IRR PI NPV Project A 12% 1.5 $1,500 Project B 15% 2.0

The following five projects are mutually exclusive. Which one should the firm choose?

IRR

PI

NPV

Project A

12%

1.5

$1,500

Project B

15%

2.0

$1,000

Project C

10%

1.7

$1,200

Project D

9%

1.1

$1,100

Project E

7%

1.2

$1,300

Project A

Project B

Project C

Project D

Project E

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