You have recently been appointed the Group Investment and Marketing executive for Game Stores Africa. You target to kick-start new projects in Central Africa. Apply the correct method of performing capital investment appraisal to make a decision in central Africa where you want to open new by calculating the net present value of each project. Select the best project to invest in by calculating the Net Present Value for each investment. You have recently been appointed the Group Investment and Marketing executive for Garne Stores Africa. You target to kick-start new projects in Central Africa. Apply the correct method of performing capital investment appraisal to make a decision in central Africa where you want to open new branches. Use the payback period to calculate the best investment option Velvet (Pty) Ltd has the following capital structure: Equity: 10000000R1 ordinary shares. The market price is currently R1,50 per share. Preference shares: 4000000 @ R0,45 yielding 10\%. The market price is currently R0,50 per share. Debentures: R2 R200 000,20% debentures, issued at R1,00. The market price is currently R1,08 per debenture. Bank Loan: R5 00000011,67% FNB bank loan. Assuming the following rate of return is expected for each type of capital: Assume a tax rate of 28%. Calculate the cost of capital using the weighted average cost of capital (WACC)