7. A company has the option of investing in one of the two projects A or B. The capital cost of both projects is $1,000,000. The predicted annual cash flows for both projects are shown in Table 2.14. For each project, calculate the: a. payback time for each project in terms of the average annual cash flow b. return on investment c. discounted cash flow rate of return What do you conclude from the result? Table 2.14 Cash flows for two competing projects. Year Cash flows $1000 Project A Project B 012345 -1000 -1000 150 500 250 450 350 300 400 200 400 100