Ques. 4 Synergy Industries is expanding its product line and its production capacity. The costs and expected cash flows of the two independent projects are given in the following table. The firm typically uses a discount rate of 16.4 percent. Calculate the NPV of both the projects. Should both projects be accepted? Or either? Or neither? Explain your reasoning. a. (4 marks) b. (4 marks) Product Line Expansion S(2,575,000) $600,000 $875,000 $875,000 $875,000 $875,000 Production Capacity Expansion $(8,137,250) $2,500,000 $2,500,000 $2,500,000 S3,250,000 $3,250,000 Year 2 4