QUESTION 3 (20 Marks) An oil company for an oil field has a PSC with a host government. The gross revenues, capital expenditures and operating expenditures are given in Table 2. The PSC fiscal terms are: PSC 1985 and depreciation for CAPEX is 5 -years, straight line, commencing immediately. Table 2: The gross revenues, capital and operating expenditures for the field. Determine, (a) the yearly net cash flow for the oil company (10 Marks) (b) the yearly net cash flow for the Petronas (7 Marks) (c) the net present value (NPV) at the company's MROR of 15% per year