Question 1 Your firm is considering starting the new project with an initial investment of RM340,000 today. The project is expected to produce the following cash flows: Year 1 2 3 4 5 Cash Flows (RM) 70,000 70,000 90.000 90.000 150,000 The management team already decided that for any potential project, the minimum return should be 10%. As a finance executive your superior requires you to evaluate the above project Based on the above information, you are required to: a determine the payback (PB) of the project (1 Mark) (3 Marks) b. determine the net present value (NPV) of the project determine the internal rate of return of the project (IRR) d justly, should the compony roceed with the project (6 Marks) (3 Marko (Total 13 Marks)