Section 3 (15 Marks) ICLO 3] ABC Company is expanding its product line and its production capacity. The expected future cash flows of its three independent projects are given in the following table The company uses a discount rate of 8% 4 Year 15,00020,000 10,000 5,000 Cash flow -Project A -50,000 15,000 Cash flow -Project B -50,000 15,00010,000 10,000 10,000 10,000 Cash flow -Project C -100,000 35,000 35,000 40,000 40,000 5,000 Instructions: 1. Calculate the cumulative cash flow for the three projects (3 Marks). 2. Calculate the NPV for each project (3 Marks). 3. Calculate the IRR for each project (3 Marks). Calculate the profitability index for each project (3 Marks). Which project should be accepted and why? (3 Marks). 4. 5