1. Calculate the NPV of Project 1: Motorway using a 1% discount rate (type the answer with no units, commas or spaces between numbers). $
2. Calculate the NPV of Project 2: Tunnel using a 1% discount rate (type the answer with no units, commas or spaces between numbers). $
3. Calculate the NPV of Project 1: Motorway using a 5% discount rate (type the answer with no units, commas or spaces between numbers). $
4. Calculate the NPV of Project 2: Tunnel using a 5% discount rate (type the answer with no units, commas or spaces between numbers). $
5. At a 1% rate, which project is preferred? (type 1 or 2) Project
6. At a 5% rate, which project is preferred? (type 1 or 2) Project