Consider the following two mutually exclusive projects:

Whichever project you choose, if any, you require a 14 percent return on your investment. If you apply the payback criterion, you will choose Project ______; if you apply the NPV criterion, you will choose Project ______; if you apply the IRR criterion, you will choose Project _____; if you choose the profitability index criterion, you will choose Project ___. Based on your first four answers, which project will you finally choose?

Answer is one of the following:

		A; B; A; A; B
		A; A; B; B; A
		A; A; B; B; B
		B; A; B; A; A
		B; A; B; B; A