The director of finance has asked you the managerial economist to analyze proposed projects. Each project has a cost of Ksh 10,000 and a cost of capital of 12%. The proposed projects expected net cash flows (in Ksh) are as follows: Year 0 1 2 3 4 Expected Net cash flow Project A Project B (10,000) 6,500 3,000 3,000 1,000 (10,000) 3,500 3,500 3,500 3,500 For each project, compute the techniques below and advise the director: i) The payback period (PB) ii) Net Present value (NPV) iii) Internal Rate of Return (IRR) (5 marks) (5 marks) (5 marks) (nn)