ABC Corporation is evaluating two investment projects. Project A requires an initial

investment of KES $500,000$ and is expected to generate annual cash flows of KES$150,000$ for

the next $5$ years. Project B requires an initial investment of KES $700,000$ and is expected to

generate annual cash flows of KES$200,000$ for the next $7$ years. If the company's weighted

average cost of capital $($WACC$)$ is $10\%,$ which project$($s$)$ should ABC Corporation undertake

based on their net present value $($NPV$)?$