Ms. Sulaiman is appointed as an Advisor in Financial Consultancy company based in Muscat. His first task is to prepare a detailed project report for the following scenario for an unnamed client. 1. Mr. Sulaiman has been presented the following details about two projects and he has been asked to Particulars Project at Duqm Initial Investment Cost of capital 100,000 OMR Cost of capital 10% Year 1 40,000 Year 2 50,000 Year 3 40,000 Project at Sohar 100,000 OMR 12% 60,000 40,000 20,000 a. Calculate Pay-back period. b. Calculate Discounted Pay-back period. c. Calculate Net Present value. d. Calculate Profitability Index. e. Calculate Internal Rate of return. f. Calculate Modified Internal Rate of return. 2. Interpret each of the results from the above calculations and based on LR, Recommend which project should be selected and justify your recommendation. All the discussion above MUST be based on academic literature with appropriate citations and referencing as per CU Harvard style referencing