(GE) is considering two ice cream making machines, A and B. GE will always need an ice cream making machine. The annual costs for both machines are shown below. Note that A needs to be replaced in year 4 and B in year 5. Assume the costs below also apply to replacement machines. Costs / Date Machine 0 1 2 3 4 A X A A A B Y B B B B i) Why would it not be fair to compare the net present value (NPV) of the costs of machines A and B when deciding which machine to purchase? ii) What method should GE use to compare the two machine? Explain this method in under 150 words and without using any equations. Does the method cited in ii only work in cases where the investment has an unlimited time horizon (in this case, we always need an ice-cream maker and GE is assumed to run forever)? Explain 1:3 (GE) is considering two ice cream making machines, A and B. GE will always need an ice cream making machine. The annual costs for both machines are shown below. Note that A needs to be replaced in year 4 and B in year 5. Assume the costs below also apply to replacement machines. Costs / Date Machine 0 1 2 3 4 A X A A A B Y B B B B i) Why would it not be fair to compare the net present value (NPV) of the costs of machines A and B when deciding which machine to purchase? ii) What method should GE use to compare the two machine? Explain this method in under 150 words and without using any equations. Does the method cited in ii only work in cases where the investment has an unlimited time horizon (in this case, we always need an ice-cream maker and GE is assumed to run forever)? Explain 1:3