Anyuman Corporation Sdn. Bhd. is a highly geared company that wishes to expand its operations. Six possible projects have been identified, but the company only has access to a total of RM700,000. The projects may not be postponed until a future period. After the end of the projects, it is unlikely that similar investment opportunities will occur. The company anticipates that the rate of cost of capital for all projects would be 12%. (c) Evaluate which project should be accepted and state the reasoning for selecting the project