Jenson Ltd is looking into some potential investment projects. Relevant information is summarised below: Pro'ect m_ Cost of Investment $1,200,000 $1,200,000 Estimated net cash flows Year -_-_ 1 130,000 240,000 2 _ _ 5 _ The required rate of return is 10%. [ Refer to Appendix A for discount factors] Year Cash Flow Cumulative Cashovvs $ $ Year Cash Flow Discount Factor at Present Value {to fill the discount factor Required: a] Calculate the payback period for both the projects. [11 marks] l0] Calculate the Net Present Value (N PV] of both projects. [16 marks] o) Evaluate and advise the management accordingly. [3 marks]