You have been asked to evaluate the following projects. The discount rate is 8.0%

Calculate the NPV, IRR, and Profitability Index for Project A.

Time	Project A	Project B	Project C	Project D
0	(3,541)	(868)	(8,845)	(777)
1	1,542	943	4,344	5,060
2	1,542	246	961	1,042
3	1,542	249	1,097	3,206
4	1,542	16	1,245	14

	Project A	Project B	Project C	Project D
NPV	?	399	(1,400)	6,402
IRR	?	42.1%	-3.3%	500.6%
Profitability Index	?	1.88	0.93	10.52

What is Project A's NPV?

Rank the Projects by IRR (best to worst)

Rank the Projects by PI (best to worst)

If the projects are mutually exclusive what project should you accept?