o Qui estion 1 10 Mr. Ali is the CEO of Hiditzi Construction company and they have an allotted budget for project which is 1,000,000 R.O. Projects in different places in Oman are projected to show the following cash inflows per year: Year Project in Muscat Project in Ibri Project in Salalah Project in Shinas Year 1 200,000 400,000 150,000 180,000 Year 2 400,000 300,000 200,000 570,000 Year 3 500,000 600,000 100,000 600,000 Year 4 400,000 500,000 400,000 200,000 Year 5 300,000 300,000 500,000 100,000 Assume that Mr. Ali will apply loan to the bank to finance the 1,000,000 investment fund and New Bank offered a rate of 6% interest rate payable in 5 years, while Old Bank offered 6.5% payable in 9 years. F 1 Mr. Ali wanted to know which project is to be selected on the basis net present value of cash inflows in comparison to Muscat and Ibri at 6% discount rate with discount factors for five years are 0.943, 0.890, 0.839, 0.7921 and 0.7473 respectively of stion a. Project in Ibri b. Project in Muscat O c. None of the given options O d. Both project of Muscat and ibri