Camels is planning to buy another 200-hectare farm in the Liwa Region of Abu Dhabi. The project is forecast to cost $1,100,000 and generate the following financial information once operational Year! Year 2 Depreciation 100.000 100.000 100.000 Net Income 100.000 300.000 $40.000 Required: Calculate the free cash based on the information above Year Year 1 Year? Year Required: Given that for all its projects MENA Region uses a required rate of return of 10%, calculate the NPV for this project and recommend whether it should be accepted or rejected and explain why? Deyyar PLC is planning to build a 7-star hotel in Dibba. The construction project will cost AED10,000,000 and will take 3. years to complete. Deyyar PLC expects future cash flows from a project of this type to increase over time as tourists get familiar with hotel as they visit Jebel Jais and has prepared the following cash flow statement for 3-years. Year 1 Year? Year Depreciation 2.000.000 2.000.000 2.000.000 Net Income 2.000.000.000.000.000,00 Required: by Calculate the free cash based on the information above Free Cash Calculate the Payback period and evaluate whether the Deyyar PLC should accept or reject the project and why, given a target payback period of 3-years