Rent UR Car Rent UR Car plan to purchase a new vehicle for RM200,000. The salvage value of the vehicle will be RM25,000. Assume that the vehicle is sold at the end of year 5. The annual net cash flow of the vehicle over the next five years are as follows: Year Cash Flow 1 60,000 2 75,000 3 50,000 4 55,000 5 60,000 The cost of capital of the company is 4.65%. Assess the purchase based on Capital Budgeting Techniques. 1:08 pm 1:10 pm Terminal value of the purchase is RM PV of the cash flow in Year 2 is RM 1:09 pm Total PV of the cash flow is RM FV of the cash flow in Year 4 is RM Total FV of the cash flow is RM 1:11 pm The Payback Period of the purchase is The Discounted Payback Period is 1:10 pm 1:11 pm 1:12 pm The Net Present Value is RM V 1:14 The Profitability Index is 1:12 pm The Internal Rate of Return is %. 1:13 pm The Modified Internal Rate of Return is __%. 1:13 pm