Summary Table Sneaker Persistence

NPV Method for $2012$ to $2018($in million$)$ $$13\mathrm{.}36$ $$8\mathrm{.}59$

IRR method $13\%>11\%21\mathrm{.}75\%>14\%$

Payback method $5\mathrm{.}10$ years $2\mathrm{.}34$ years Q$8.$ Which project amongst the two is more viable from a quantitative standpoint? Use NPV and

IRR criteria? $[8$ marks