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7. Working in the newly formed LUMS sustainable council aiming to have a net-zero impact by 2030, you have the option of undertaking two projects,
7. Working in the newly formed LUMS sustainable council aiming to have a net-zero impact by 2030, you have the option of undertaking two projects, i.e., a solar park or a wind farm. The solar park will cost Rs. 3 million and generate Rs. 1.125 million per annum for 4 years. The wind farm will cost Rs. 5.25 million and generate Rs. 2 million for 6 years. You are required to determine the NPV of the solar park 0.57 X1 and wind farm 3.46 assuming the relevant discount rate is 10%. Write your answer up to two decimal places e.g. "1.12", "5.25" etc. without any currency and zeroes
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