SECTION B (30 MARKS QUESTION ONE (10 MARKS) Alepa Lad operates a water facicy in the Kimai Metropolitan Assembly. The company is comicking in taking capital intensive investment in expanding is waar wines to Techiman and Suryani. The shardholders do not the mood for the proposed projects. You have been consulted to help advice the shareholders about the viability of the projets using invesicul appeaical techniqus kami in Business Finance curse. The projects are expected to las fce5 years. Helow are the other ketika of the peojas Techiman Operations Suryati Operador GHE Initial investment 300,000 40.000 90,000 Forecasted cash flows YU 120,000 100.000 120.000 140.000 Y2 Y3 160.000 110,000 120,000 Y4 40.000 YS 16000 480.000 Page 2 af The cost of capital is 15%. Required Which of the projects should be accepted based on the following appraisal Techniques? i. Accounting Race of Return Net Present Ville Internal Rate of Return . Discount Payback Period