A company has four potential projects to invest in and requires an appropriate analysis of each project's value so as to make the best use of the limited investment budget of 800,000. Project Investment Annual Incremental Number of years required Cash Inow A 256,850 78,000 5 B 365,550 120,000 4 C 229,525 150,000 2 D 355,000 125,000 4 1. Compute Net Present Value (NPV) for each project. (9 marks) 2. Compute Profitability Index for each project. (9 marks) 3. Recommend which project(s) should be adopted to make best use of capital budget. (9 marks)