Question 1 You have just been appointed an Assistant Project Manager for a business entity 3Rogers Inc. Your boss the Project Manager is requesting you to conduct a discounted cash flow calculation to determine the NPV of an anticipated telecommunication project. The project is expected to generate a net cash flow of $15,000, $25,000, $30,000, $20,000, and $15,000 in the next five years. The project will cost $50,000 to implement and the required rate of return is 20 percent QUESTION 2 Two new software projects are proposed to a young, start-up company. The Alpha project will cost $50,000 to develop and is expected to have annual net cash flow of $44,000. The Beta project will cost $200,000 to develop and is expected to have annual net cash flow of $150,000. The company is very concerned about their cash flow. Using the payback period, which project is better from a cash flow standpoint? Why