You have been given the following data for project AB1 Expected yearly cash inflows and additional notes for AB1 are: Cash inflows () Additional notes: Initial costs 55 000 10 000 15 000 25 000 20 000 15 000 Scrap value nil Cost of capital 10% Required: 1 For ABI only, using the following investment appraisal techniques, calculate (5 marks) (5 marks) (5 marks) (5 marks) a) Payback Period (PBP) b) Net Present Value (NPV]) Discounted Payback Period (DPBP) Internal Rate of Return (IRR) using formula d) You have been given the following data relates for project AB2 Yearly cash inflows Cost of initial investment 100 000 Useful life Scrap value 40 000 per year 5 years nil Required: Calculate the Accounting Rate of Return (ARR), based on average accounting profits and the 2) average investment for p roject AB2 only (5 marks) TOTAL 25 MARKS Extracts from net present tables Year 0.909 0.826 0.751 0.683 0.621 25 % 0.800 0.640 0.512 0.410 0.328