UVW Enterprises is analyzing two projects, G and H. Each requires an initial investment of $50,000 and will last for 4 years. The company’s hurdle rate is 7%. The projected cash flows are:

Year	Project G	Project H
1	$15,000	$20,000
2	$15,000	$15,000
3	$15,000	$10,000
4	$15,000	$25,000

Requirements:

1. Compute the NPV for each project.
2. Determine the IRR for each project.
3. Calculate the Discounted Payback Period for each project.
4. Evaluate the PI for each project.
5. Recommend which project to undertake.