Calculate the FCFs for each project. (10 marks) b) What is the NPV for each project? (5 marks) c) What is the discounted payback period for each project? (2.5 marks) d) What is the IRR for each project? (2.5 marks) e) Assume that the risk of investing in these mega warehouses is higher than the overall risk of the company. What would happen to the discount rate and consequently NPV of the two projects if this was the case? Why? (2 marks) f) Suppose that WES has a payback rule of 7.5 years. Based on your analysis in b), c) and d) which project should be chosen? Justify your answer with reference to theory. What other factor might affect the final decision? (3 marks