QUESTION 2 Messer's Ltd is considering two potential projects that are Turbine and Wind flow. The forecasted after-tax cash flows are as below: I YearTurbine (RO) Wind Flow (RO) 0 (2,000,000) (2,000,000) 1 950,000 700,000 2 800,000 700,000 3 400,000 700,000 700,000 4 200,000 1) Calculate Payback period for Project Turbine and Project Wind Flow (4 Marks) ii) Calculate Net present value for Project Turbine and Project Wind Flow. Use a discount rate of A%. iii) Which project should be chosen based on NPV and why. (2 Marks) iv) Calculate Internal Rate of Return for Project Wind Flow only. (2 Marks) given parameters: A-8 B-5 C-25