Duction 11 Not you onwered Moned out of 1.50 Fog question Quint Systems, Inc. is evaluating two mutually exclusive projects, whose cash flows are projected as below. The company's cost of capital is 15 percent. Project A Projects nvestment Requred $100.000 $150,000 $42.000 $80.000 voor 2 42.000 555,000 roar 70.000 45.00 foort Year 30.000 22.000 Life of the project 1999 4 years (a) if the Net Present Value (NPV) for Project is determined to be $3.220, which project would you select for the company (2.5 marks) (b) Both projects do not have the same initial investment state your comment in relation to the investment decision (1 mark) You will need to justify your answer by calculating the NPV of Project A first and then maidng a comparison 7 A E E %