Question 2: Brother Limited is a highly geared company that wishes to expand its operations. Six possible capital investments have been identified, but the company only has access to a total of $500,000. The projects may not be postponed until a future period. After the projects end, it is untikely that similar investment opportunities will occur. Expected not nach a. All projects are believed to be of simnar nisk to the companys excsung capital invesurvents. Any surplus funds may be invested in the money market to eam are turn of 9% per year. The money market may be assumed to be an efficient market. Brother's cost of capital is 14% per year. Required: (a) Calculate the expected Net Present Value for each project. (5 marks) (b) Assuming the projects are divisible, calculate the profitability index for each project, and rank the projects to determine how the money would be best invested. ( 3 marks) (c) Now assume the projects are indivisible. Provide advise on how the funds are best invested. (2 marks)