please do by hand and not excel

4) Suppose you are a financial manager for the Shah Corporation and trying to decide between the following two mutually exclusive projects: The firm is facing capital rationing challenges. Given the current economic situation, the minimum required rate of return for both projects is 6.77%. Based on the given information, which project should you accept and why? Please show all the calculations by which you came up with the final answer. ( 6 Points)