Question 3 20 marks Your boss has assigned the task of evaluation of two specific projects (X and Y) considering on market conditions. You contacted research division of your company and data is provided. Expected market return 10% per annum Sigma of market return = 15% Risk free rate of return 10% per annum You contacted strategic planning division of your company and asked for project specific cashflow as per estimate of team led by your boss. The following information i you. Project A All figures are in (Rs. Lacs) T=0 -800 T-1 year T-2 year T-3 year T-year 1000 1500 1200 900 850 900 800 700 700 800 575 600 480 550 475 460 470 450 -100 400 380 420 375 160 270 150 -200 -100 -60 -120