The following net cash flows are projected for three separate projects. Your required rate of return is $12\%.$

Year

Project A

Project B

Project C

$0$

$($$$150,000)$

$($$$300,000)$

$($$$100,000)$

$1$

$$30,000$

$$100,000$

$$35,000$

$2$

$$30,000$

$$100,000$

$$35,000$

$3$

$$30,000$

$($$$50,000)$

$$35,000$

$4$

$$30,000$

$$100,000$

$$35,000$

$5$

$$30,000$

$$100,000$

$6$

$$30,000$

$$100,000$

a$.$ Calculate the payback period for each project.

b$.$ Calculate the NPV of each project.

c$.$ Calculate the IRR of each project.

d$.$ Which project$($s$)$ would you accept if independent? If Mutually Exclusive?