2. A business considers the following investment projects; your task is to determine whether to accept or reject the following investment and rank them by their NPV: All the projects require an immediate investment of $1,000,000: Project A, next year cash flow of $100,000 growing at 1% every year, and will continue annually and indefinitely Project B, $250,000 for 8 years, starting in two years,

a. assume first 4.0% discount rate.

b. repeat following a FED rate increase to 12%.