QUESTION 29 QUESTION 1 (answer both parts a and b): Tia's coffee shop needs a new coffee machine. She is comparing two brands Year Proctor brand Bison brand $-50,000 $26,000 $20,000 $16.000 $ 12,000 $-50,000 $22.000 $ 22,000 $22,000 $ 22,000 a) If the required return for Tia's company is 8%, what is the NPV of the Bison brand? Will this brand add value to the firm? Why or why not? (4points) AND b) Calculate the payback period of each model if the company requires payback in 4 years, which project should Tia choose and why? (4points) RIGHT CLICK on the link in the boxes below to open the file in Google OR Lumin pdf: LINKS TO FORMULA SHEET: LINKS TO FACTOR TABLES: Formula Sheat in Google Factor Tables in Google Formula Sheetin Lumin POE Factoriables in LuminPDE BOTH LINKS POINT TO THE SAME FORMULA SHEET OR FACTOR TABLES, RESPECTIVELY SHOW YOUR WORK WITH FORMULAS. CALCULATIONS AND RESULT IN THE SPACE BELOW