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As the project manager, you have been asked by AstraZeneca to assess the viability of two (2) sub-projects based on their net present value (NPV).

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As the project manager, you have been asked by AstraZeneca to assess the viability of two (2) sub-projects based on their net present value (NPV). Based on the information below which project would be selected and why? ( 6 marks) Project 1 has an initial investment of $50,000 and a net cash inflow of $27,000 for a period of 2 years. Project 2 has an initial investment of $150,000 and a net cash inflow of $59,000 in year 1 and $120,000 in year 2. The discount rate to be used is 5%

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