5.2 REQUIRED Use the information provided below to answer the following questions: 5.2.1 Calculate the Net Present Value. (6 marks) 5.22 Should the project be considered for acceptance? Why? (1 mark) INFORMATION Schroder Limited is looking at the possibility of investing in a new project. The project would cost R1 000 000, and its cash operating expenses would total R210 000 per year. On the benefit side, it is estimated that the new project would generate cash revenues of R470 000 per year. The project will have a useful life of five years and is expected to have a scrap value of R90 000. The cost of capital is 12%