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(Hakiemi is appointed as a financial analyst for the YNWA Bhd. The director has asked him to analyse two proposed capital investments, Project SAL dan

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(Hakiemi is appointed as a financial analyst for the YNWA Bhd. The director has asked him to analyse two proposed capital investments, Project SAL dan Project NAS. Each project has a cost of RM2,000,000. YNWA Bhd will used a mix of capital structure (40% of debt and 60% of equity) to finance their project's cost. YNWA will issuing a-10years bond with 10% coupon rate and selling price at RM750. Tax rate = 30%. Meanwhile, a 4%-risk free rate, risk premium of 3% and 2.0 for company beta. The project's expected net cash flows are as follows:) Tahun Year 0 1 2 3 4 Aliran Tunai Bersih Dijangka Expected Net Cash Flows Project SAL Project NAS -RM24,890,000-RM13,500,000 12,950,000 7,230,000 10,923,000 8,100,000 8,231,000 8,629,000 7,242,000 5,238,900 AWN (Hakiemi's decision will be on calculations for the payback method, the discounted payback method, net present value and internal rate of return in your analysis. Which project should the company consider, if this project is MUTUALLY exclusive project? (Hint: First determine weighted average cost of capital))

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