You are deciding between two recurring projects. Project A requires $100,000 initial investment and runs for 5 years. Project B requires an initial investment of $80,000 and will run for 3 years. However, due to the limited managerial attention, you will need to choose one out of these two projects. Please choose the appropriate methodology to compare these two projects.

a. Net Present Value

b. Profitability Index

c. Equivalent Annual Annuity

d. Return on Investments

e. Discounted Payback Period