(b) Ozmyn has developed a prototype of a bullet-proof jacket. A supplier is considering the technology and has offered to pay Ozmyn RM30,000 in years 1,2 and 3; and RM40,000 in year 4 to 6. All payments will be made at the end of each year. (i) If Ozmyn applies a required rate of return of 10% to them, calculate the present value of this series of payments. (6 Marks) (ii) Another company has made an offer of a one-time payment of RM275,000 for the fabric. Explain which offer should Ozmyn accept. (2 Marks)