15. Based on the net present value method, how would you rank the above countries in terms of its investment potential?

Use the following information to answer Questions 14 and 15. Maju Sdn. Bhd. wishes to expand their businesses to one of the countries below. Their data analyst has provided the following projected initial investment and annual cash flows for both countries. The required rate of return is 9%. Year 0 1 2 3 4 Country X (RM) (1,000,000) 260,000 374,000 555,000 589,000 Country Y (RM) (1,500,000) 255,000 389,000 677,000 692,000 14. Determine the present value of cash inflows from both countries. * O Country X, RM1,398,800; Country Y, RM1,573,953 O Country X, RM1,573,953; Country Y, RM1,398,800 Country X, RM1,288,900; Country Y, RM1,462,455 Country X, RM1,462,455; Country Y, RM1,288,900