Description 176.Markly, Inc. is planning a new capital investment. The company has a 7.8% required rate of return and a 6.3% cost of capital. Markly currently has a return of 8% on its other investments. The proposed new investment has equal annual cash inflows expected. Management calculated the payback period using the computation of the investment and annual cash flows, and the IRR for 6 investments that are displayed below. Each investment has a 7-year expected useful life and no salvage value. Payback PeriodIRRInvestment Cost Project A25.28.5%$125,000 Project B46.93.1%62,000 Project C66.011.4%78,000 Project D75.85.4%56,000 Project E94.210.1%110,000 Project F85.07.9%60,000 Project G37.37.8%71,000 a. Identify which project(s) is/are unacceptable and briefly state the conceptual justification as to why each of your choices is unacceptable. b. Markly has $334,000 available to spend. List the project(s) in which Markly should invest, in the order the investments should be undertaken. c. Will Markly be motivated to invest in all of the projects you selected in Part b. if Markly is evaluated using return on investment? 177.JayTree, Inc. is considering a purchase of a patent with a cost of $47,000 and an estimated revenue producing life for JayTree of 4 years. JayTree has a required rate of return is 8% and a cost of capital of 7%. The patent is expected to generate the following amounts of annual income and cash flows: Year 1Year 2Year 3Year 4 Net income$ 5,300$ 6,700$ 6,500$ 3,100 Operating cash flows17,05018,45018,25014,850 a. Calculate the NPV of the investment. b. What does the NPV calculation do, i.e., what is the nature of the NPV amount? c. If the required rate of return increases, will the NPV increase or decrease? Explain why.