A firm is considering two capital projects: Project Zeta and Project Omega. The firm's required rate of return is 12 percent. Projects Year 0 1 2 3 CALARAS i. ii. Zeta (R500 0000) R200 000 R150 000 R300 000 REQUIRED 5.1 Compute the Net Present Value (NPV) for Project Zeta Project Omega Omega (R450 000) R420 000 R 90 000 R18 500 5.2 Which project should be purchased if the projects are mutually exclusive? Explain why. 5.3 What are the advantages and disadvantages of using NPV as a capital appraisal technique (4 marks) (4 marks) (4 marks) (8 marks)