Consider the following two investment projects: Project A. Purchase a 4 year lease on an office block for $1000000 with returns of $300000 at time 1, $325000 at time 2, $345000 at time 3 and $360000 at time 4. Project B. Invest in a 4-year bond which pays a nominal 12% interest p.a. payable half yearly, currently priced at $95 per $100 and redeemable at par.