Following are the flows of two projects that took place at the end of the year. It is assumed that the company will use a 10% Weighted Average Cost of Capital (WACC):

The project name	Year 0	Year 1	Year 2	Year 3
A	IDR 2100	IDR 1500	IDR 900	IDR 300
B	IDR 2100	IDR 300	IDR 900	IDR 1800

1). What is the Net Present Value (NPV) of Project A?

2). What is the Net Present Value (NPV) of Project B?

3). If the two projects are mutually exclusive, which project to choose? the reason?

4). If the two projects are independent, which project will be chosen? the reason?