4. (10) Points The Big CompanyTM is considering two pieces of machinery that perform the same repetitive task. The two alternatives available provide the following set of after-tax net cash flows. Assuming a reauired rate of return of 10% : (1) Calculate the NPV for each project (2) Calculate the IRR for each project. 3 Calculate the uniform annual series (UAS) or the equivalent annual annuity (EAA) for each project. 4) Compare the two projects using the replacement chain method (i.e. find the replacement chain value). Which project would you select? 5 Calculate the discounted payback. (ii) Convert this to a rate of return. 6 If the projects are independent, and cannot be reproduced which project do you select and explain why