The data for this task is preloaded into your Excel workbook. Methuselah clothes is planning to expand its clothing business by opening a factory overseas. The initial year 0 investment will be 35,000,000. It is expected to generate net revenues of 12,500,000 each year if the project goes ahead. Additional costs for the project will be 6,000,000 per year. [Cashflows occur at the end of each year] The company's weighted average cost of capital is 9% and the project will have a lifetime of 15 years. (a) Calculate the net present value (NPV) of the above proposal showing your workings in an excel spreadsheet including formulas. You should complete your answer on the "Task 8 Data" tab of the "MBF Summative data.xlsx" excel file. (5 marks) (b) Use the NPV function in Excel to confirm your answer. (1 marks) (c) Based on your answer above, should the company proceed with the investment? (Yes/No) (1 marks) (d) Describe two advantages of using the NPV method over the Payback method. Describe one disadvantage of the NPV method