QUESTION 3 Telly Flowers, a local florist, purchases fresh flowers each day at the local flower market. The buyer has a budget of 950 per day to spend. Different flowers have different profit margins, and also a maximum amount the shop can sell. Based on past experience, the shop has estimated the following NPV of purchasing each type: NPV per Bunch Cost per Bunch Max. Bunches Roses 25 Lilies 10 22 10 Pansies 6 31 10 Orchids 21 84 5 1 25 REQUIRED: a) What combination of flowers should the shop purchase each day? b) Which investment appraisal technique you have used in part (a) to make the purchase decision and why? (Maximum Word Count: 100) (4%) (6%)