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Amidst several project postponements due to the financial fallout associated with covid-19, the government must proceed with critical infrastructural development especially in the areas of health and education. Consistent with procurement guidelines, the Project Management Team has solicited quotations on two mutually exclusive projects in Health and Education The project at the Health Ministry is estimated to cost $24.5 million and The Education Project's quotation is valued at $29.25 million. The government predicts that the nominal cost of capital for health is 7 percent and 9 percent for education. The cashflows associated with both projects over a four-year period is as follows: Year Health (in millions) Education (In millions) 1 7 10.5 2 5.5 7.75 3 8.75 10.25 4 6.5 12 Provide the team with the best project to implement based on the following criteria: A Payback period B. Net Present Value C. Profitability Index D. Recommend the most viable project for implementation