(b) ) Consider the following three investment projects: Project A B Year Cash-flow () Cash-flow () 0 -900,000 -810,000 1 270,000 270,000 2 270,000 157,500 3 270,000 292,500 4 270,000 315,000 5 270,000 135,000 C Cash flow () -1,350,000 450,000 360,000 450,000 337,500 427,500 NO The relevant cost of capital is 10% (iv) Calculate the net present value (NPV) of each project