$1.$ Summarize the five projects in terms of initial investment, NPV$,$ IRR, Pros, and Cons.

$2.$ Why does Target use different hurdle rates for the store and the credit cards $(9$ percent and $4$ percent, respectively$)?$ What process would you use to estimate these discount rates to see if they are reasonable?

$3.$ Out of the five projects which one should not be accepted by Target?

$4.$ Based on what we learned in class so far, what is your ranking of the five projects? If you can accept $3$ out of $5$ projects, what are your choices and why? $($Hint: Projects are different in size.$)$

$5.$ In reality, the Capital Expenditures Committee $($CEC$)$ accepted Gopher Place, The Barn, and Whalen Court. How are their choice$($s$)$ different from yours? Why? What do you think the reasons for that might be$?$