JAZZ Holding is in the process of opening tenders to potential investor to manage Rasa Suka resort properties at the rental cost of 250,000 per year for duration of 20 years. You as young entrepreneur had interest in the projects and preparing an investment proposal to be presented to your funder. The investment required amount tp 300,000 as a capital and the company is expected to earn a return of RM650,000 per year. The operating and maintenance cost are 175,000 per year. At the end of the contract, the company is required to maintain a good operating condition of the properties which will require a cost of 150,000.

Draw the cash flow diagram for this project. If the funder MARR is 8.0%, calculate the IRR and ROI and evaluate whether the company should accept or reject the offer.