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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

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)

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