Now, once you have acquired the company and are doing well, you decide to open up one more plant for expanding the production facility. But there are three options from which you have to choose which location you want to invest. These options are provided in the data set shared below. 1. Choose one location that is most suitable for investing (2 marks) 2. Determine the NPV and IRR for each project. (6 marks) Return 15%

Year 0 1 2 3 4 5 Return Project 1 Investment -10000 1000 3000 3500 4000 2000 15% Revenue Stream 0 1000 3000 3500 4000 2000 Year 0 1 2 3 4 5 Project 2 Investment -10000 1500 2000 3000 5000 4000 Revenue Stream 0 1500 2000 3000 5000 4000 Year 0 1 2 3 4 5 Project 3 Investment -10000 1000 2000 3500 4000 4000 Revenue Stream 0 1000 2000 3500 4000 4000