Q1 Mr Ali has an option of investing in one project from the proposed three different projects. The initial investment and cash flows are given below. (r = 12%) yearf - project CT-project Cf-project 3 0 (10,000) (28,000) (22,000) 1 1000 3000 4000 2 880 7000 1000 3 6000 8000 1000 4 4000 12000 9000 2000 7500 11500 3650 6400 8900 5 6 a. Calculate payback for all three projects [1 marks] b. Calculate discounted payback for all three projects [1 marks] c. Calculate NPV for all three projects [2 marks] d. Calculate profitability index for all three projects [1 marks) e. Calculate IRR for all three projects [2 marks] f. Write a detailed comment on which project Mr Ali must invest on the basis of above calculated criteria's and why he must ignore the other projects. [5 marks] Q) A critical assumption of the exploratory factor analysis (EFA) is that it is only appropriate for sets of non-nominal items which theoretically belong to reflective latent factors. Why is it so explain briefly? XXXXXX------END OF QUESTION # ONE