Evaluate the economic viability of these projects. Assume the required rate of return is 12%

A (000)B (000)0-420-11011507521507531500415001.Evaluate the economic viability of these projects. Assume the required rate of return is 12%:

a.Net Present value (NPV). 05 Marks

b.Internal Rate of Return (IRR). 08 Marks

c.Pay-back period. 03 Marks

2.Consider you’re tasked with training your non-finance colleague about capital investmentappraisal techniques. Given this role explain in simple terms the following:

a.Time value of Money. 3 Marks

b.Define Net present value. 2 Marks

c.Why NPV is the superior method then all other methods. 7 Marks

(compare NPV with IRR & Pay-back methods)