Muscat Investments $is$ looking $to$ take $on$ a new investment. The company will evaluate

two mutually exclusive projects, whose details are given below. The company$scostof$

capital $is9\%.$

$BD$ Millions Project A Project $B$

Initial Investment $(115)(142)$

Year $13575$

Year $25060$

Year $36040$

Year $48020$

Year $59510$

Calculate the Payback period

Calculate the Net Present Value $(NPV)of$ both projects

Calculate the Internal Rate $of$ Return $(IRR)of$ both projects