Equipment A Equipment B Capital cost $8,000,000 $15,000,000 Profit before depreciation Year 1 5,000,000 5,000,000 2 5,000,000 5,000,000 3 3,000,000 6,000,000 4 2,000,000 6,000,000 5 1,000,000 6,000,000 Disposal value 0 0 Life 5 years 5 years Targeted Return on capital employed (ROCE) 30% 6. Calculate Weatherpruf Return on Capital Employed (ROCE) (4 marks) 7. Calculate Weatherpruf weighted average cost of capital (WACC) (6 marks) 8. Using the calculated cost of capital in question 7, determine the projects: (i) Net present value (NPV) (4 marks) (ii) Discounted payback period