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The fross company is looking to invest in two projects, the following is the information: Project 1 - initial outlay $48m with an expected cash

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The fross company is looking to invest in two projects, the following is the information: Project 1 - initial outlay $48m with an expected cash inflow of yr 1$16m, yr 2$20m, yr 3$18m,yr 4 - $17m and year 5$10m Project 2 - initial outlay $50m with an expected cash inflow of yr 1$17m, yr 2$22m, year 3$20m, year 4$15m and year 5$16m. Interest rate 7\%

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