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 14 % discount rate. Initial investment (Cash outflow) OMR Project A 1,000,000 Project B 1,000,000 Project C 1,000,000 Cash inflows (OMR) Year - 1 Year - 2 Year - 3 Year - 4 Project A 400,000 400,000 225,000 200,000 Project B 150,000 100.000 550.000 775.000 Project C 275,000 300,000 375,000 487,500 Years Discounting factor/Present Value factor @14 % 0.8772 0.7695 0.6750 0.5921 Requirement: 1 Calculate the following for the Investment Projects: Marks js Requirement: 1 Calculate the following for the Investment Projects: Payback period for Project - A Payback period for Project - B 10 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: Marks Net Present Value for Project - A 20 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