Question Completion Status: Moving to another question will save this response. Question 2 A company has the chance to open another branch. There are two possible locations Sharjah and RAK. The cost of each location is as under Project Sharjah Location is AED 675,000, Project RAK location is AED 585,000. The required rate of return is 11% Year 4 Project Dubai Sharjah 675,000 585,000 Year 1 102,000 95,000 Year 2 115,000 101,000 Year 3 121,000 113,000 215,000 158,000 Year 5 212,000 217,000 A) Calculate the net present value (NPV) of the two projects. B) Indicate should the company accept any of the projects and why/why not, Formula Sheet AS3