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(b) The supplier advises Aneka Selera Sdn Bhd to open two restaurants simultaneously in order to reduce the initial cost of investment. The total initial

(b) The supplier advises Aneka Selera Sdn Bhd to open two restaurants simultaneously in order to reduce the initial cost of investment. The total initial investment for two restaurants would be RM1.7 million, with the total annual cash inflows for both restaurants being doubled. Calculate the new: (i) Payback period. (ii) Accounting rate of return. (iii) Internal rate of return (IRR)

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