Study the information provided below and calculate the following:

$3\mathrm{.}1$ Payback period of both projects $($expressed in years, months and days.$)$

$(6$ marks$)$

$3\mathrm{.}2$ Accounting Rate of Return on average investment of Project $x($expressed to two decimal places$).$

$(3$ marks$)$

$3\mathrm{.}3$ Net Present Value of Project $x.$ Your answer must include the calculations of the present values and the net present value.

$(3$ marks$)$

$3\mathrm{.}4$ Benefit Cost Ratio of Project $Y($expressed to two decimal places$).$

$(3$ marks$)$

$3\mathrm{.}5$ Intemal Rate of Retum of Project Y $($expressed to two decimal places$).$ Your answer must include the calculation of two net present values $($using consecutive rates$)$ and interpolation.

$(5$ marks$)$

INFORMATION

The following information relates to two projects under consideration by BVN Limited:

$\backslash$table$[[,$Project $x,$Project $Y$