3. Pooteh Sdn. Bhd. is planning to make an investment of RM500,000 in one of the two (2) alternative projects in Perak. The company's cost of capital is 15% and the expected cash flows from both projects are as follows: Year 1 2 3 4 5 Project A (RM) 120,000 100,000 130,000 150,000 180,000 Project B (RM) 150,000 150,000 150,000 150,000 150,000 (a) You are required to calculate: (4) 1. Payback period for both projects. ii. Net present value for both projects. ili. Internal rate of return for project B. (6) (6) ( 16 ) (b) Based on your answer in (a) above, which project should be selected? Explain your answer. (4) (Total / Jumlah: 20 )