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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
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Sharpe Manufacturing is attempting to select the best of three mutually exclusive projects. The initial cash outflow and after-tax cash inflows associated with each project are shown in the following table.

a. Calculate the payback period for each project.
b. Calculate the NPV of each project, assuming that the firm has a cost of capital equal to 13 percent.
c. Calculate the IRR for each project.
d. Summarize the preferences dictated by each measure and indicate which project you would recommend. Explain why.
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