QUESTION 5 Calculate the NPV and PI for each of the following projects. Which project would you choose if only one could be chosen? If multiple projects could be undertaken, how many would you accept? Assume that the cost of capital is 7% for each project. iPad 4 -34,000 27,000 14,600 3,600 YEAR 0 1 2 3 Attach File : iPhone 6 -12.500 300 9,500 4,000 iMac -15.500. 9,500 12,000 2.400 20 poira