Consider the following two mutually exclusive projects: SHOW STEPS

Year	Cash Flow(A)	Cash Flow(B)
0	-52000	-50000
1	45000	25000
2	50000	40000
3	65000	19500

Whichever project you choose, if any, you require a 12 percent return on your investment. Use payback period criterion and make a choice. Payback period for project A Payback period for project B Using discounted payback period criterion, make a choice. Discounted payback period for project A ; Discounted payback period for project B What is the choice when you use NPV? NPV for project A , NPV for project B How about IRR? IRR for project A IRR for project B PI? Pl for project A Pl for project B Final decision Overall which project will you choose