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Setia Selatan Sdn Bhd is a logistics company. En Rahman is the manager who has been handling all the projects and lets the company enjoy

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Setia Selatan Sdn Bhd is a logistics company. En Rahman is the manager who has been handling all the projects and lets the company enjoy return on investment (ROD) of above 15% each for the last three years. En Rahman is considering a capital budgeting project that would require a RM3,500,000 investment in an equipment with a useful life of five years and no salvage value Setia Selatan's discount rate is 16%. The project would provide net operating income each year for five years as follows: RM RM Sales 3,400,000 (1.600.000) 1,800,000 Less: Variable expenses Contribution margin Less: Eixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income 700,000 700, 1.400.000 400.000 Note: Present value of RM1 of 16% for 5 years is 0476 Present value of RM1 of 17% for 5 years is 0456 Present value of an annuity of RM1 of 16% for 5 years is 3274 Present value of an annuity of RM1 of 17% for 5 years is 1199 Required: a) Calculate the project's net present value b) Calculate the project's internal rate of return to the nearest whole percent ma c) Calculate the project's simple rate of return d) Would Setia Selatan Sdn Bhd pursue this investment opportunity using project's net presentar e) Would En. Rahman pursue this investment opportunity using projects simple rate of return bahan 1) What would the likely reason(s) for similarity or difference in

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