Stock Analysis - Project (20 marks): Your colleague from the equity research department tells you that Seven Group is considering diversifying with a small investment in one of two different rare earths (useful for renewable energy technology) mining projects within Australia. The two competing investments are codenamed Project Rare \& Project Earths. The cash flows for each project look like this, in thousands of dollars: What would be the most appropriate project evaluation technique (discounted payback period, profitability index, IRR, or NPV) to use here and why? You can rank these in order of suitability. You are not expected to calculate these metrics, just to explain which is the most appropriate for choosing between Project Rare and Project Earths. Assuming that Project Rare/Project Earths would be financed entirely by an equity raising, what would be an appropriate discount rate to use and why