QUESTION 2 Read the case studyl scenario below and answer the questions based on the case study. TJM Ltd (TJM) is a company listed on the Johannesburg Securities Exchange (JSE). TJM is in the process of evaluating new projects to enhance their revenue growth. As the company is pharmaceutical based it is currently experiencing exponential growth due to the COVID crisis. Below is an extract of various information pertaining to the Vitamin D Processing Project": The cost of the new project is R10million. The revenue expected to be generated per annum is R6.5million. The variable costs are expected to be generated per annum is R2million. The fixed costs are made up of the following: Description Amount (R) Head Office Allocation 100 000 Depreciation 50 000 Rental space 100 000 The rental space has been targeted for this project at a laboratory not on TJM's premises. . For the next 5 years the revenue is expected and costs are expected to increase by 8%. The net cash value from year 5 onwards is expected to remain the same. The tax rate is 28% and the WACC rate is 15%. The government has offered a specialised tax program whereby the first two years tax liability will only be paid in year 3. Calculate the net present value and determine whether this project would be a viable option