CONFIDENTIAL GUC/JAN-APRIL 2022/ BCPM 3233/S1 QUESTION SIX (6) Sunrise Industries has four potential projects all with an initial cost of $1,800,000. The capital budget for the year will only allow Sunrise Industries to accept one of the four projects. Find the Net Present Value (NPV) for each of the project with the given discount rates, and decide whether the project should be accepted or rejected. Cash Flows Project A Project B Project C Project D Year one $350,000 $400,000 $700,000 $200,000 Year two $350,000 $400,000 $600,000 $400,000 Year three $350,000 $400,000 $500,000 $600,000 Year four $350,000 $400,000 $400,000 $800,000 Year five $350,000 $400,000 $300,000 $1,000,000 Discount Rate 5% 9% 14% 19% (16 Marks)