Asnidah Danial is evaluating a new project for her firm, Kekal Sihat Sdn Bhd. She has

determined that the after-tax cash flows for the project will be RM10,000; RM12,000;

RM15,000; RM10,000; RM7,000; RM8,000 and RM9,000, respectively, for each of the

Years 1 through 7. The initial cash outlay will be RM40,000. DISCOUNT RATE 13%

(a)Pay Back Period (3 markah/marks)

(b) Discounted Pay Back Period (3 markah/marks)

(c) Net Present Value (4 markah/marks)