A foundation is considering supporting a health-intervention project that has beenproposed by a local community health center. The foundation will base its decision aboutwhether or not to fund the project strictly by considering the project’s financial benefitsand costs. The project costs are $12 million at project inception (Year 0) plus $1 millionper year in Years 1, 2, 3, 4 and 5. The present value of project benefits is estimated to be$16 million. (“Year 0” means today, “Year 1” means one year from today, “Year 2”means 2 years from today, and so on.)(a) At discount rate of 5%, should the foundation support or reject this project?(b) At a discount rate of 10%, should the project be supported or rejected?