QUESTION 2 [25 MARKS] (a) A corporate jet costs RM 1,350,000 and will incur RM 200,000 per year in fixed costs (maintenance, licenses, insurance, and hangar rental) and RM 277 per hour in variable costs (fuel, pilot expense, etc.). The jet will be operated for 1,200 hours per year for five years and then sold for RM 650,000. The minimum attractive rate of return (MARR) is 15% per year. i. Construct cash flow diagram for this jet. [3 Marks) ii. Calculate the capital recovery (CR) cost of the jet. [5 Marks) iii. Calculate the equivalent uniform annual cost (EUAC) of the jet? [5 Marks] [CO2, PO2, C4) (b)In January of 2018, Muhammad purchased 2,000 shares of XYZ common stock for RM 75,000. He then sold 1,000 shares of XYZ in January of 2019 for RM39 per share. The remaining 1,000 shares were finally sold for RM50 per share in January 2020. The firm's MARR is 10% per year. Draw a cash-flow diagram of this situation by using the exact year. [5 Marks) Calculate internal rate of return (IRR) on his investment. [7 Marks) [CO2, PO2, C4]