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A business considers the following investment projects; your task is to determine whether to accept or reject the following investment and rank them by their

A business considers the following investment projects; your task is to determine whether to accept or reject the following investment and rank them by their NPV: All the projects require an immediate investment of $1,000,000: Project A, next year cash flow of $80,000 growing at 2% every year, after the first year, and will continue annually and indefinitely Project B, $300,000 for 10 years, starting in three years (first cash inflow not next year but in three years). a. assume first 5.0% discount rate. b. repeat following a FED rate increase to 15%.

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