(a) W L INUously. A and B involve the following net cash flows: 10 COMM 4. Projects A and B invol Initial cost Year 1 Net cash flows Year 2 Year 3 885 000 3000 Year 4 -2000 3500 Project A 600 000 -300 650 000 Project B 4045 2000 2500 Decide which project is the most profitable by: (a) Determining the NPV at a discount rate of 6.5%. (b) The IRR