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Answer all question Pls You are the General Manager of Finance Department in Lexra Ltd, a palm oil company. You are tasked at advising the

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Answer all question Pls You are the General Manager of Finance Department in Lexra Ltd, a palm oil company. You are tasked at advising the Board of Directors on considering two mutually exclusive investment projects. These projects concern with the purchase of new plants which will be placed at estates and mills. The details as shown below: Net Present Value (NPV) Internal Rate of Return (IRR) Payback Period Project A RM96,000 16% Project B RM80,000 17% 4 years 3 years Required: a) In reference to the information above, critically advice the Directors of Lexra Ltd on which project should the company proceed with. Provide detailed justifications. b) Suppose one Director is in the opinion that the selection of project should be based on IRR. Advise the rest of the Board members on why IRR is frequently preferred by top management. Then, provide concrete suggestion on the best method to use

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