Muffins co. is considering to modernize its production facilities and it has two proposals under consideration. The expected cash flows associated with these projects is as follows. The discount rate...

Muffins co. is considering to modernize its production facilities and it has two proposals under consideration. The expected cash flows associated with these projects is as follows. The discount rate associated with both the projects is 12%.

Required:

Calculate NPV for proposal 2

Write that which proposal is better on the basis of  discounted payback. Write only 1 or 2

Write that which proposal is better on the basis of  IRR. Write only 1 or 2

Write that which proposal is better on the basis of NPV. Write only 1 or 2