1. Mclaren Ltd has three alternatives to run their business. They seek your advice in choosing an alternative which maximises the value of the company in the next five years. Each alternative costs RM300,000 in today's prices. The interest rates are expected to be fixed at 8% in the next five years. The table below shows the estimated profit generated from each alternative in the next five years. Alternative Year 1 Year 2 Year 3 Year 4 Year 5 A RM125,000 RM110,000 RM98,000 RM85,000 RM74,000 B RM70,000 RM82,000 RM103,000 RM111,000 RM121,000 C RM180,000 RM150,000 RM101,000 RM55,000 RM27,000 (a) Calculate the net profit value (NPV) of each alternative. (b ) Recommend an appropriate alternative to the company and explain the rationale behind this decision