Question 6 [12 Marks] Your company is evaluating two indepent investments with the following cash flow streams Net Cash Flow C: Year B 0 -R50 000 -R40 000 APU=nPU r-infost parts 1 20 000 20 000 20 000 10 000 N 3 10 000 5 000 4 5 000 5 000 LO 5 000 40 000 Your company uses a combination of the net present value approach and the payback approach to evaluate investment alternatives. It requires that all projects have a positive net present value when cash flows are discounted at 10 percent and that all projects have a payback no longer than three years Required: Which project or projects should the company accept and why? MPV- Ans 228 (8. 1 BR A BY