Zebra Pharma plc is looking to take on a new investment. The company will evaluate

two mutually exclusive projects, whose details are given below. The company$$s cost of

capital is $12\%.$

BD Millions Project A Project B

Initial Investment $(125)(138)$

Year $14080$

Year $25060$

Year $36050$

Year $45020$

Year $57510$

Calculate the Payback period

Calculate the Net Present Value $($NPV$)$ of both projects