urgent answer pls $...$ You are the Financial Analyst at Ace Analytics Ltd$.,$ which is considering the following two mutually exclusive projects. Whichever project you choose, if any, you require a $15$ percent 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$.$ Based on your answers in $($a$)$ through $($c$),$ which project will you finally choose? Why?

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