Question SIGNET LTD is considering whether to purchase a fully equipped fire extinguisher vehicle costing kshs 20,000,000 to safeguard the company against the risk of fire perils. The expected cash flows of these undertaking are as follows: The fire extinguisher vehicle has an expected useful life of 10 years and the firm's cost of capital is 10 percent. Required: As an insurance and risk management expert prepare a cost-benefit analysis report and advise SIGNET LTD whether the purchase of the fire extinguisher vehicle is viable