Compute the (a) NPR,9b) IRR, (c) MIRR, and (d) DPB for each of the following projects.

Year                  Project AB               Project LM                        Project UV

0                      $(90,000)              $(100,000)                          $ (96,500)

1                          39,000                    0                                    (55,000)

2                         39,000                     0                                   100,000

3                         39,000                   147, 500                          100,000

Which project(s) should be purchased if they are independent?

Which project(s) should be purchased if they are mutually exclusive?