QUESTION 2 Ify investment Itd. is considering investing in either of two projects A and B. Each project costs NS0,000. The Company's cost of capital is 15%. The projected earnings from the two projects are as follows. The company's taxation rate is 50%. You are required to evaluate the project using the: - Payback Period - Net Present Value - Profitability Index to determine which of the projects should be undertaken. Note: - Tax should be charged on a preceding year basis - Payback period should be determined on an 'After Tax Cash Inflow' basis. - And interpretations MUST be given for each result