Capital Budgeting Techniques Jeffry Industries has two potential projects for the coming year, Project B-12 and Project F-4. The two projects are mutually exclusive. The cash flows are listed in the following table. Determine which project will be accepted according to the payback period, discounted payback period, net present value, the internal rate of return, and the profitability index. If you are the finance manager for Jeffry Industries, which project will you accept and why? Cash flow year 0 Cash flow year 1 Cash flow year 2 Cash flow year 3 Cash flow year 4 Cash flow year 5 Project B-12 -$4,250,000 $2,000,000 $2,000,000 $2,000,000 $0 $0 Project F-4 -$3,800,000 $0 $1,000,000 $1,500,000 $2,000,000 $2,500,000 The rate is 10%