Teck Engineering normally expects a minimum rate of return of \12 on investments. Two projects are available but only one can be chosen. Project A requires an immediate investment of \\( \\$ 4,000,000 \\). In return revenue payments of \\( \\$ 4,000,000 \\) will be received after 4 years and \\( \\$ 9,000,000 \\) after nine years. Project \\( B \\) requires an investment of \\( \\$ 4,000,000 \\) now and another \\( \\$ 2,000,000 \\) at the start of the third year. In return revenue payments will be received in the amount of \\( \\$ 1,500,000 \\) per year for nine years. a) Calculate the NPV of both projects. b) Calculate the ROI of both projects. c) Determine the payback period of both projects. d) Which project would you choose? Why? Northern Distributors expects a \17 rate of return on their investments. They are considering a 15 year project which will cost them \\( \\$ 100,000 \\) immediately, \\( \\$ 10,000 \\) each year for years 2 to \\( 6, \\$ 20,000 \\) each year for years 7 to 11 and \\( \\$ 25,000 \\) each year for the years 12 to 15 of the project. Should they take on the project if it will return \\( \\$ 30,000 \\) at the end of each year for the first 3 years, \\( \\$ 40,000 \\) at the end of each year in the next 4 years, and \\( \\$ 60,000 \\) at the end of each year for the last 8 years? a) Prepare a fully documented timeline of all cash flows (5 marks) b) Calculate the NPV of the project. (10 marks) c) Calculate the ROI of the project. (5 marks) d) Determine the payback period of the project ( 5 marks) e) Would you go ahead with the project? Why/why not