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QUESTION 4 (25 MARKS) a. SinChan Corporation has successfully secured two projects to supply tires to Kancil and Kenari Automotive. Below is the information on
QUESTION 4 (25 MARKS) a. SinChan Corporation has successfully secured two projects to supply tires to Kancil and Kenari Automotive. Below is the information on the projects at a required return of 10%. Year 0 1 2 3 4 Kancil RM70,000 RM25,000 RM20,000 RM25,000 RM35,000 Kenari RM60,000 RM15,000 RM25,000 RM40,000 RM35,000 Required: As a Finance Manager, you are required to calculate for both projects: i. net present value (8 marks) ii. payback period (4 marks) iii. profitability index
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