PART B PART B is worth 20 marks. Each question is worth 5 marks. QUESTION 1 (Capital Budgeting) Two projects A and B are mutually exclusive and will be repeated indefinitely. Project A requires an initial investment of $10,000 in an asset with a life of 3 years and the project (of the same timeframe) has an NPV of $36,882.04. Project B requires arn initial investment of $30,000 in an asset with a life of 5 years and the project (of the same timeframe) has an NPV of $51,206.70. The cost of capital for both projects is 10%. Which is the better project? Explain with illustrations