1. PT DEA is considering two alternative investment proposals. WACC is assumed to be 10%. Here is the financial data you need to provide recommendations to PT DEA management (in millions of Rupiah):

Based on this information you are asked to: a. Calculating the net present value (NPV) of Project #1 and Project #2 b. Recommend the project that PT DEA should choose if the two alternative projects are mutually exclusive. c. If the two alternatives are independent projects, will your recommendation to PT DEA change? Why?

Tahun 0 1 2 3 4 5 Project #1 -400 55 55 55 225 225 Project #2 -600 300 300 50 50 49