13. Narion, Inc. has a 20% required rate of return. Threemanagers have presented three potential projects to increase incomeover the next ten years, each with their preferred measure. ProjectA was reported to have an NPV of $(2,460). Project B was reportedwith an IRR of 28%. Project C was reported to have a payback periodof 23 years. With which of these projects should Narion moveforward?
| | Project A |
| | All three sound great! |
| | Project C |
| | Project B |