4) You are a financial analyst for the Oyiwa Company. The manager has asked you to analyse two proposed capital investments, involving the construction of a new hospital and new school. Each project has a cost of 10,000, and the cost of capital for each is 12%. The projects expected net cash flows are as follows: Expected net Cash Flows Year hospital School 0 -10,000 -10,000 1 6500 3,500 2 3000 3,500 3 3000 3,500 4 1000 3,500 a. Calculate each projects i. net present value (NPV) [5 marks] ii. internal rate of return (IRR) [5 marks] iii. profitability index (PI) [5marks] iv. Which project or projects should be accepted if they are independent? [1mark] v. Which project should be accepted if they are mutually exclusive? [1 mark] b. Evaluate the virtues and shortcomings of accounting rate of return? [8 marks