Bury Plc proposes to invest in two projects, Project A and Project B. The Finance Director of Bury Pic has provided you with the following financial information. Budgeted costs: Product A Project B DF f E 10% Capital investment (500,000) (700,000) Cash flows: Year 1 200,000 300,000 0.909 Year 2 150,000 250,000 0.826 Year 200,000 225,000 0.751 Year 4 175,000 200,000 0.683 The company uses a cost of capital of 10%. Required: (a) Calculate the Net Present Value of Project A and Project B and recommend the best investment. (10 marks) (b) Calculate the Internal Rate of Return of Project A and Project B. (4 marks)