Khetal group of investment was established in 2010 and it has the different wings of investment portfolio. Hospitality is one of the successful wing and currently it has offered hospitality facilities in the major cities in the Nepal. Government of Nepal is planning to take into operation to Gautam Buddha international airport soon located in the (Bhairahawa) Rupandehi district of Nepal. There are a lots of small hotels and lodges Rupandehi district. Two "3-star hotels are already established in airport periphery about initial investment of 30 million. Bahirahawa is one of the trade area where many foreign businessman spend their time in this area. Similarly, birthplace of Lord Gautam Buddh, Lumbini is very near from Bhairahawa. A study conducted by Khetal group of investment focusing on the customer satisfaction of hospitality facility found that the most of the customers are not satiated with the services offered by the hospitality sectors. Assuming grievances as the strength points to Himlayan group of investment, BOD decided to run a 5-star hotel at Bhairahawa with the aim of capturing the significant portion in the Industry. Mr. Sharma, as the chief financial manager of Khetal group of Investment, BOD assign the responsibility of taking investment decision to you. Research department conducted a research for determining the expected initial cost, expected return in this project. Based on research findings, following information is given to you. 10 | 1/ Cash flow (in Million) 4 1 2 0 Year LO 2 3 4 5 FINC 5101/FEB 2022Page 2 of 4 2 1 10 0 2 a. Based on the above data, is this project viable for the investment? (Based on Net present vale, Internal rate of return, Payback period) (10 Marks) b. As a chief manager, what are the other major aspects you should consider for appropriate investment decision? (5 Marks) C. "Net Present value is superior than Internal rate of return" are you agree with this statement? Why