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1. Consider these threeinde tprojects НН -$300,000 $40,000 $40,000 $40,000 $240.000 790 Year 0 -$100.000 $30,000 $30,000 $30,000 $40,000 5% -$200.000 $40,000 $40,000 $40,000 $120.000 6% 2 4 Cost of capital (a) Calculate the evaluation results based on all capital budgeting techniques we learned for all these three projects, including payback, discounted payback, NPV, PI, IRR, and MIRR. Assume 15% reinvestment rate (b) If there is no limit on the capital budget, whichproject(s) would you choose? Why? (c) If there is a limit on the capital budget of $300,000, which project(s) would you choose? Why?

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