Attempt the following: a. Firm 1 has 10,000 to invest. Firm 2 offers Firm 1 the following proposal: invest 10,000 now and get 11,000 back in 12 months. The returns on this investment are guaranteed, and there are no other costs involved? What should Firm 1 do? b. Firm 1 is considering investing their profit into any of the following two projects. Investment appraisal techniques have been used, and the following results found: Project A Project B Internal Rate of Return 6% 8% Net present value 88000 61000 Through an examination of each of the investment appraisal techniques above, which project should Firm 1 select?