Section A Question 1 Year Initial Cost Project A ($30,000) Project B ($35,000) T1 T2 $12,000 $12,000 $12,000 $12,000 $15,000 $15,000 $15,000 $30,000 T3 T4 T5 T6 Required: Your company needs to select one project. Assume your required rate of return is 10% pa. a) Which project would your company choose? b) If you could only choose one project, which project would you recommend? (4+4 = 8 points)