Question 3 You are the finance manager of Wide WLL based in Doha. You are evaluating two capital investment projects in

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Question
3
You are the finance manager of Wide WLL based in Doha. You are
evaluating two capital investment projects in the UK which may
assist the company in achieving its business objectives. Both
projects will require an initial investment of £500,000 in plant
and machinery. The expected cash flows of the two projects are as
follows:
Year
Humber Project
Avon Project
£
£
1
60,000
220,000
2
90,000
220,000
3
140,000
50,000
4
210,000
50,000
5
300,000
50,000
6
140,000
50,000
7
100,000
200,000
The cost of capital of Wide WLL is 10%.
Required: