Jasmine Corporation has been presented with an investment opportunity that will yield cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. This investment will cost the firm $150,000 today, and the firm's cost of capital is 10%. (i) Calculate the payback period for this investment. (7 marks) ii) State three (3) disadvantages of using the payback period method as a criterion for choosing capital budgeting projects. (6 marks) iii) X-treme Vitamin Company is considering two investments, both of which cost $10,000. The cash flows are as follows: Year Project A Project B 1................ $12,000 $10,000 12. 8,000 6,000 3................... 6,000 16,000 a. Which of the two projects should be chosen based on the payback method? (4 marks) b. Which of the two projects should be chosen based on the net present value method? Assume a cost of capital of 10 percent. (8 Marks)