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You arcwhe Chiof Financal Outicer at Infosys Ltd., which is considering the following two mutually exclusive projects. All amounts are in Indian Rupes. Whichever project

image text in transcribed You arcwhe Chiof Financal Outicer at Infosys Ltd., which is considering the following two mutually exclusive projects. All amounts are in Indian Rupes. Whichever project you choose, if any, you require a 16 perceat return on your investment a. If you apply the payback criterion, which investment will you choose? Why? [2] b. If you apply the discounted payback criterion, which invertment will you choose? Why? c. If you apply the NPV criterion, which investment will you choose? Why? [3] d. Based on your answers in (a) through (c), waich project will you finally choose

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