PART 3 35% Below is the net operational cash ow of 2 investment schemes, X and Y. 20,000 30,000 30,000 30,000 40,000 40,000 40,000 50,000 50,000 30,000 Given that the residual value for X and Y are RM! 8,000 and RM22,000 respectively while the required rate of return is 12%. A. You are required to calculate, for both schemes, the: - Payback period. {4 Marks ) - Accounting Rate of Return (5 Marks ) - Net Present Value { 8 Marks ) - Internal Rate of Return { 8 Marks ) ( Total : 25 Marks ) B. Discuss the superiority of [RR over NPV in appraising investment decision. (Total : 10 Marks)