Mr Samrat, Finance Manager, TPL Ltd. is evaluating two projects A and B for its expansion. Following information has been gathered for these two projects. All cash flows are in Rs. Year Project A Project B -10000 -10000 7000 3000 1 2 4000 5000 3 2000 5000 Cost of capital is 12% Calculate the following (a) NPV and IRR period of both projects (b) if both projects are mutual exclusive projects what should be the right decision and why? c) if both projects are independent projects what should be the right decision and why