The MGR Corporation is analyzing four capital projects with expected cash flows as follows: Year 0 1 Project A (RM) (200,000) 50,000 50,000 50,000 50,000 50,000 50,000 Project B (RM) (400,000) 100,000 120,000 150,000 180,000 2 Project C (RM) (600,000) 150,000 150,000 150,000 150,000 150,000 150,000 Project D (RM) (400,000) 80,000 80,000 120,000 120,000 120,000 3 4 5 6 The firm's cost of capital is 10% and the firm is planning to evaluate the projects by using the net present value (NPV). Determine which project should be accepted by using the: a. Net Present Value for discount rate 9% and 12% for each project. Year 9% 10% 12% 1 0.917 0.909 0.893 2 0.842 0.826 0.797 3 0.772 0.751 0.712 4 0.708 0.683 0.636 5 0.650 0.621 0.567 6 0.596 0.564 0.507