A company has 2 mutually exclusive projects to consider with the following information: Project A R120,000 Project B R100,000 R40,000 Initial investment Incremental cash flow Year 1 Incremental cash flow Year 2 Incremental cash flow Year 3 Incremental cash flow Year 4 WACC = 12% a) What is the NPV of each project? b) Which project should the company choose? c) If Project A can be repeated, which project should the company proceed with? R50,000 R70,000 R40,000 R40,000 R40,000