Question: ( 5 points ) The firm is evaluating potential uses for a 4 acre plot of land. The first alternative for this plot is building

(5 points) The firm is evaluating potential uses for a 4 acre plot of land. The first alternative for this plot is building a retail store (project D) and the second is establishing a fast food franchise on the site (project E). Each alternative requires 2 acres of land for the building and parking. Based on the following information, which project or projects should be accepted? Explain why.
\table[[,PROJECT D,PROJECT E],[Payback period,4.0 years,3.0 years],[\table[[Discounted],[payback period]],5.8 years,4.0 years],[NPV,$240,000,$220,000
 (5 points) The firm is evaluating potential uses for a 4

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