consider the following two mutually exclusive projects: Year 0 1 2 3 S 6 -$ $ $ $ $ $ $ Cash Flow Project A 2,000,000 $ 150,000 $ Project B 300,000 $ 600,000 $ $ 1,000,000 500,000 $ 500,000 $ 2,000,000 670,000 600,000 500,000 500,000 300,000 150,000 quire a 10% return on your investment. If you apply the payback criterion, which investment will choose? you If you apply the NPV criterion, which investment will you choose? Wh If you apply the IRR criterion, which investment will you choose? Wh Which project will you finally choose? Why? L

ansider the following two mutually exelusive projects: quire a 10% retum on your investment. If you apply the payback criterion, which investment will you choose? If you apply the NPV criterion, which investment will you choose? If you apply the IRR criterion, which investment will you choose? Which project will you finally choose? Why