2. Capital Investment Decisions (C1, P2) (Weight: 25) The construction company Hometown Syalala wants to develop a residential townhouse. For this reason, the total investment required to build the dwelling is estimated at IDR 800,000,000,000, with an estimated construction period of up to 5 years being sold. The company can earn income and operational costs that must be incurred for 5 years as follows: Years 1 2 Revenue 3.000.000.000 25.000.000.000 150.000.000.000 450.000.000.000 700.000.000.000 Expenses 5.000.000.000 8.000.000.000 10.000.000.000 15.000.000.000 20.000.000.000 3 4 5 The planned investment is financed by bank loans, so the expected rate of return from this project is 12%. Calculate: a. Payback period b. ARR (Accounting rate of return) C. NPV (Net Present Value) d. IRR (Internal rate of return) e. Considering the four ratios, should this project be implemented? or not? Explain your decision