(Question 4) (a) The CEO of Madge Mansion, Taufik Edrus is interested over Kundang Estate Sdn. Bhd. He found out that Kundang Estate Sdn. Bhd. has a very good business plan and able to grow bigger and worldwide. However, during pandemic covid 19 since December 2019 the value of the company keep on dropping. Taufik Edrus come out with a plan either to merge with the company or acquire the whole business assets. As an advisor to Taufik Edrus, assist him to differentiate between merger and acquisition and describe the advantage and disadvantage of mergers. (10 marks) (b) Jade Hills Corporation currently is looking for a business opportunity which requires an initial outlay of RM100,000. The manager of Jade Hills asks Zaid one of the project managers to find any possible project that Jade Hills able to accomplish. 5/7 After few weeks of searching, Zaid come out with two projects which are located in Puncak Alam and Cyberjaya. The expected cash inflows for Puncak Alam is RM45,000 for 5 years and Cyberjaya is RM62,000 for 3 years. Based on the information given, calculate the following if the required rate of return is 12 percent. i. Payback period. (4 marks) ii. Net present value (NPV). (6 marks) Profitability index. (3 marks) iv. State which location that Jade Hills Corporation should choose. Justify your answer. (2 marks) 25 marks