Question: hello, im having a hard time solving this problem from the book Fundamentals of Corporate Finance, 10ce. from chapter 9 exercise 17. thank you 17.

hello, im having a hard time solving this problem from the book Fundamentals of Corporate Finance, 10ce. from chapter 9 exercise 17. thank you

17. Comparing Investment Criteria (LO1, 2, 3, 5, 7) Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -$350,000 -S50,000 45,000 24,000 2 65,000 22.000 3 65,000 19.500 440,000 14,600 Whichever project you choose, if any, you require a 15% return on your investment. a. If you apply the payback criterion, which investment will you choose? Why? b. If you apply the discounted payback criterion, which investment will you choose? Why? c. If you apply the NPV criterion, which investment will you choose? Why? d. If you apply the IRR criterion, which investment will you choose? Why? e. If you apply the profitability index criterion, which investment will you choose? Why? f. Based on your answers in (a) through (e), which project will you finally choose? Why? Page 333

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