ABC ltd is considering two investment projects whose cash flows are as follows:  Year            Project A                                Project B                Cash flows (Shs

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ABC ltd is considering two investment projects whose cash flows are as follows:

 Year            Project A                                Project B

               Cash flows (Shs.)                     Cash flows (Shs.

0              (1,200,000)                               (1,200,000)

1                 600,000                                    150,000

2                450,000                                     450,000 

3                420,000                                     550,000          

4                180,000                                      600,000 

The company's required rate of return is 15% Required: 

Using both NPV and IRR, Advice the company whether to undertake the two projects. Computation with formula not excel