Question #3 (8 Marks) MSU Ltd. is considering two potential asset investments, Asset R and Asset G. Each asset has an initial purchase cost of $12,000 and a useful life of four years. MSU Ltd. has a minimum required rate of return of 9% for all asset investments. The projected annual net cash inflows from each investment is as follows: Year Asset R Asset G 1 $ 5,000 $ 3,800 2 $ 4,500 $ 3,800 3 $ 4,000 $ 3,800 4 $ 1,500 $ 3,800 Required: 1.) Calculate the Net Present Value (NPV) for each of: (a) Asset R (b) Asset G ** Marks are awarded for calculating your answers efficiently, where applicable. (Round all dollar amounts to the nearest dollar) **Use the Present Value Tables provided. Show all calculations. 2.) Based on your answers in requirement 1, if only one asset is to be purchased, which asset should be purchased?