2. Laboo Sdn. Bhd. is planning to make an investment of RM500,000 in one of the two (2) aiternative projects in Terengganu. The company's cost of capital is 15% and the expected cash flows from both projects are as follows: (a) You are required to calculate: i) payback period for both projects. ii) net present value for both projects. iii) internal rate of return for project B. (16) (b) Based on your answer in (a) above, which project should be selected? Explain your answer. (4) (Total f Jumlah: 20)