Problem Statement

Choosing Among Four Mutually Exclusive Projects by NPV Marico's management has to choose one project out of four, with IRR and NPV as follows: Project A: IRR 35%, NPV $2,000 Mn Project B: IRR 30%, NPV $1,800 Mn Project C: IRR 15%, NPV $2,400 Mn Project D: IRR 22%, NPV $2,100 Mn Which project should Marico's management take up?