QUESTION ONE a) It is estimated that an investment in a new process will cause the following cash flow ( in Kwacha) 5 6 3 4 1 2 0 End year 15000 20000 20000 20000 20000 Cash inflow Cash outflow 60000 10000 The firm wishes to earn at least 15% per annum on projects of this type. Calculate the Net Present Value of the project and comment on the course of action to be taken. (Hint: Net cash flow=Cash Inflow - Cash Outflow) [10 Marks)