Compute the (a) NPR,9b) IRR, (c) MIRR, and (d) DPB for each of the following projects.
Year Project AB Project LM Project UV
0 $(90,000) $(100,000) $ (96,500)
1 39,000 0 (55,000)
2 39,000 0 100,000
3 39,000 147, 500 100,000
Which project(s) should be purchased if they are independent?
Which project(s) should be purchased if they are mutually exclusive?