Will is trying to select the best investment from among 3 alternatives. Each alternative involves an initial outlay of 100,000$. Their cash flows returns for each project are as follows (in $): year project A project B project C 30,000 0 40,000 30,000 40,000 30,000 50,000 40,000 30,000 50,000 30,000 60,000 a) Which project would be selected if the payback method is used? b) Which project would be selected if the net present value is used at a 5% discount rate? c) Which project would be selected if the net present value is used at a 10% discount rate? * *Please note that there are part marks available. You can also upload notes to the dropbox after the exam.* * OI. a, a, a O II. a, a, b O III. a, a, C O IV. a, b, a OV. a, b, b O VI. a, b, c O VIl. a, c, a O VIII. a, c, b IX. a, C, C O X. b, a, a OXI. b, a, b O XII. b, a, c O XIll. b, b, a O XIV. b, b, b O XV. b, b, c O XVI. b, c, a O XVII. b, c, b O XVIll. b, c, C O XIX. c, a, a O XX. c, a, b O XXI. c, a, C O XXII. c, b, a O XXIll. c, b, b O XXIV. c, b, c O XXV. C, C, a O XXVI. c, c, b O XXVII. C, C, C