QUESTION 1 (20 MARKS) (a) State TWO (2) reasons why capital budgeting decision is so important. (2 marks) (b) Zamzam Berhad has a project which has the following cash flows: The cost of capital is 10 percent. Calculate the project's discounted payback period. (5 marks) (c) You are given the following information. Using a discount rate of 10 percent, calculate: i. Net present value (2 marks) ii. Profitability index (2 marks) QUESTION 1 (20 MARKS) (a) State TWO (2) reasons why capital budgeting decision is so important. (2 marks) (b) Zamzam Berhad has a project which has the following cash flows: The cost of capital is 10 percent. Calculate the project's discounted payback period. (5 marks) (c) You are given the following information. Using a discount rate of 10 percent, calculate: i. Net present value (2 marks) ii. Profitability index (2 marks)