You are considering investing in one of two different projects. Two investment options are available as follows:

	Projekt A, million $	Projekt B, million $
(Basic Investment)	1200	75
Net cash flow, year 1	100	22
Year 2	250	30
Year 3	400	41
Year 4	740	47
Year 5	850	48
Residual value	0	0
Tax rate	No tax	No tax

The discount rate is 16%

a) What is the net present value of the investments?

b) Which project should you invest in and why?