Question 14 Sunshine Love Company is considering two mutually exclusive projects, one with a 4-year life and the other 6-year life. The after-tax cash flows from the two projects are as follows: Year Project A (RM) Project B (RM) 0 (400,000) (400,000) 1 162,000 120,000 2. 162,000 120,000 3 162,000 120,000 4 162,000 120,000 5 120,000 6 120,000 Required: 2. Assuming a 15% required rate of return on both projects, calculate each project's i. payback period. ii. net present value. lii, internal rate of return. iv. profitability index. Which project should be accepted? Explain