You've prepared the following analysis for two different projects for review by the selection committee. Project A$\text{'}$s payback period is $8$ months and its NPV is $-27.$ Project B$\text{'}$s payback period is $10$ months and its NPV is $150.$ Which project should the selection committee pick?

Select one

A$.$ Project A$,$ because its payback period is shorter than Project B$\text{'}$s payback period.

B$.$ Project B$,$ because its NPV is a positive value.

C$.$ Project A$,$ because its NPV is lower than Project B$\text{'}$s$.$

D$.$ Project B$,$ because its NPV is highest and there is less than six months difference between payback periods.