A. You are a financial analyst for HHT Bhd. The director of the company has asked you to analyze two proposed capital investments. The cost of capital for each project is 12%. The projects' expected net cash flows are as follows: Year 0 1 2 3 4 5 Expected Net Cash Flows Project A Project B RM RM (400,000) (480,000) 80,000 132,000 100,000 132,000 100,000 132,000 200,000 132,000 100,000 132,000 Required: a. Calculate the followings: i. The payback period for each project. (4 marks) ii. The Net Present Value (NPV) for each project (8 marks) b. iii. The Internal Rate of Return (IRR) for Project A (6 marks) Based on the above calculations, which project should be accepted and justify your reasons. (2 marks)