A firm is considering the two following projects with amounts in SAR.

(a) Calculate the NPV for each project assuming a discount rate of 8%.

(b) Explain which project is better and why.

Data
	Project A	Project B
Rate	8%	8%
Cash outflow:	-42,000,000	-42,000,000
Cash Inflows:	7,000,000	23,000,000
	9,000,000	18,000,000
	18,000,000	9,000,000
	22,000,000	6,000,000