NG CHALLENGE QUESTIONS 9. Sometimes a capital investment decision is made willingly to expand the business, but other times the decision to invest in non-current assets is not negotiable. Explain. 10. In Application Exercise 5 earlier, how much cash will actually be received over the life of the investment? Explain the significance of this amount 11. What is the difference between return and capital growth on an investment? Illustrate with an example of an investment in a new warehouse. 12. A business calculates NPV for two altenative capital investment proposals. Under what circumstances might management choose the proposal that has the lower NPV? Explain