Q.1) An Industry officials have two projects A and B, both with an initial investment of $1700,000. Their budget will only allow them to accept one of the projects. Given the discount rates and the future cash flows of each project below. Which project should they accept? (10) Project B 500,000 500,000 500,000 500,000 500,000 12% Project A 400,000 350,000 420,000 275,000 200,000 13% Years 1st year 2nd year 3rd year 4h year 5th year Discount Rate