Q1. Wintergrass Co. is considering two investment proposals to develop their product. The company discounts both the projects at 12%. Assume the two projects to be mutually exclusive. Year Project A (Rs. in million) -45 Project B (Rs. in million) -29 12 20 12 0 1 2 3 29 20 15 i. Calculate Profitability Index (PI) and Net Present Value (NPV) of Projects A & B. 11. Assume there is an additional Project C for consideration. It has an outflow of Rs.16 million. Project C provides NPV of Rs.3 million and has a PI of 1.19. The company has total budget of Rs.45 million to invest. From the given information about the three projects, which project or projects would you suggest and why? (7.5+7.5= 15)