ho salvage value for the equipment at the end of 5 years. Project B requires initial cash outflow of $20,000 today, cash outflow of $5,000 in year 1. and cash inflows of $10,000 in year 2. $15,000 in year 3, $20,000 in year 4. In year 5, the equipment can be sold for $4,000. BMTC Ltd uses a 696 discount rate. Calculate the NPV for each project. Project A Years Cash outflows Cash inflows Net cash flows PV factor Present value 0 1-5 Net present value Project B Year Cash outflows Cash Infos Net cash flows ex factor valus ON Net present value Which project should be selected? Which project meets the required return? Payback period for Project A= years Profitability index for Project A= Internal Rate of Return for Project B=