For the following projects compute the NPV, IRR, MIRR, PI, and the Payback Period.
A B C
Year 0 -$10,000 -$15,000 -$20,000
Year 1 $2,500 $4,000 $7,000
Year 2 $3,000 $8,000 $7,000
Year 3 $3,500 $4,000 $7,000
Year 4 $4,000 $2,000 $7,000
Discount Rate 8% 10% 12%
Which projects should be completed if they are mutually exclusive?
Which project should be completed if they are independent