2This is a subjective question, hence you have to write your answer in the Text-Field given below. 76626 Your company is considering two projects, Automated and Manual. Each of which requires an initial outlay of Rs. 50 million. The expected cash inflows from these projects are [5 Marks] 207. The Year 1 2 3 Cash Flow of Project Automated (Amount in Rs. million) 11 19 32 37 Cash Flow of Project Manual (Amount in Rs. million) 38 22 18 10 If the cost of capital is 14 per cent, which project (s) should the firm invest in using NPV if the two projects are independent and if the two projects are mutually exclusive. 4