4,1 What is capital budgeting? 42. Describe four different types of projects for which it would be appropriate for a financial manager to use capital budgoling. 4.3. Your company is faced with two investment opportunities: a) Invest R10 milion in Project A which will generate aftertax cash flows of R3,250,000 per annum over 4 years at a required rate of return of 10% per annum, or D) Invost R5 millon in Project B, which will generate alter-tax cash flows of R1,500,000 per annum over 5 yoars at a required rate of return of 10% per annum. Your task: - Caloulate the Net Present Value for both Projects A and B; and - Canclude which projech, at face value, appears to be the better financial investment