QUESTION 12 Your company has a choice to invest in any one of the following two projects Project A is mining iron ore in Western Australia and Project B is a fisheries project New South Wales. Year 0 2 3 4 Project A -$140 000 $40 000 $42 000 $32 000 $11 000 Discount Factor @11% 1.0000 0.9009 0.8116 0.7312 0.6587 Project B -$172 000 $32 000 $38 000 $40 000 $194 000 Discount Factor @11% 1.0000 0.9009 0.8116 0.7312 0.6587 Required If the company requires a rate of return of 11% per annum, what is the Net Present Value (NPV) of each of the projects? Which of the two projects would your company choose? Explain. (15 Marks) Paragraph Arial 3 (12pt) * DOO T T. Mashups 4 HTML CSS