Ameera, a divisional manager for Tunas Holdings has an opportunity to manufacture and sell one of two new products for a five-year period. Her annual pay raises are determined by her division's return on investment (ROI), which has exceeded 18% each of the last three years. She has computed the cost and revenue estimates for each product as follows: YTK (RM) PMX (RM) Initial investment: Cost of equipment (zero salvage value) 170,000 380,000 Annual revenues and costs: Sales revenues Variable expenses Depreciation expenses Fixed out-of-pocket operating costs 250,000 120,000 34,000 70,000 350,000 170,000 76,000 50,000 The company's discount rate is 16%. Required: a) Compute the payback period for each product. (4 marks) (CLO3:PLO8:05) b) Compute the net present value for each product. (10 marks) (CLO3:PLO8:05) c) Compute the internal rate of return for each product. (3 marks (CLO3:PL08:C5) d) Calculate the project profitability index for each product. (3 marks) (CLO3:PL08:C5) e) Calculate the simple rate of return for each product. (3 marks) (CLO3:PLO8:C5) 1) Determine with reason which of the two products should Ameera's division pursue, (2 marks) (CLO3:PLO8:C5)