What should be the criteria of selection when choosing among mutually exclusive projects?

باہمی طور پر خصوصی منصوبوں میں سے انتخاب کرتے وقت انتخاب کا معیار کیا ہونا چاہیے؟

Selecting a project with a lower cost of capital

Selecting a project with the quickest payback

Selecting a project with the longest payback

Selecting a project with the highest net present value

Selecting a project with the quickest payback should be the criteria of selection when choosing among mutually exclusive projects