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QUESTION THREE Cele Ltd. Is considering on investment which has the following cash flow. +- Project A Cash flow (GHC) Project B Cash Flow (GHC)

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QUESTION THREE Cele Ltd. Is considering on investment which has the following cash flow. +- Project A Cash flow (GHC) Project B Cash Flow (GHC) (51,000) Year (21,000) 0 5000 10,000 1 2000 20,000 2 10,000 10,000 3 1000 20,000 4 1000 8,000 5 a. Determine the NPV for project A at 10% and project B at 14% b. Adoice Cele Ltd. On which project to select. Morkel

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