Question 2 EasyPan Manufacturing Sdn Bhd is a company that produce pan own by Adibah. She wanted to grow her company wealth hence She plan to make an investment. Her financial manager presents her with two independent projects. The initial investment and after-tax cash inflows associated with each project are shown in the following table: Cash flows Initial investment Project Pejuang RM 90,000 Cash inflows, years 1-5 RM 30,000 Project Gerakan RM 100,000 RM 31,500 From the above information you are required to: a. calculate the net present value of each project, EasyPan Manufacturing Sdn Bhd has a required rate of return of 15%. (4 Marks) b. Calculate the internal rate of return for each project, EasyPan Manufacturing Sdn Bhd has an internal rate of return of 17%. (4 Marks) c. indicate which project/s you would recommend based on your calculation in part (a) and part (b). Explain your answer. (10 Marks)