3. Problem Solving The following are the information about Projects (A, B & C). You are required to fulfill the requirements given below for each of the three projects assuming 16 % discount rate. Initial investment (Cash outflow) OMR Project A 2,000,000 Project B 2,000,000 Project C 2,000,000 Project B 237,188 Cash inflows (OMR) Year - 1 Year - 2 Year - 3 Year - 4 Project A 632,500 632,500 355,781 316,250 Project C 434,844 474,375 592,969 770,859 869,688 1,225,469 Years Discounting factor/Present Value factor @16% 0.8621 0.7432 0.6407 0.5523 Marks 2.0 2.0 1.5 Requirement: 1 Calculate the following for the Investment Projects: A Payback period for Project - A - B Payback period for Project - B Payback period for Project - C Which project is financially attractive based on its payback period state its reasons? Requirement: 2 Calculate the following for the Investment Projects: Net Present Value for Project - A Net Present Value for Project - B Net Present Value for Project - C Which project is financially attractive based on its NPV and state its reasons? Marks E 2.0 2.0 2.0