Problem #2 (32 marks) Your division is considering 2 investment projects, each which requires an upfront expenditure of $27 million. You estimate the cost of capital is 10% and that the investments will produce the following after-tax cash flows (in millions of dollars). Year 0 1 2 3 4 Project A -$27 $5 $10 $15 $22 Project B -$27 $20 $10 $8 $8 c) If the projects are independent and the cost of capital is 10%, which project or projects would you undertake? (5 marks) d) If the projects are mutually exclusive and the cost of capital is 5%, which project should the firm undertake