Seksyen 8 Ltd has two mutually exclusive projects under consideration. The required return on each is 8 percent. The cash flows are as follows. Year Project B Project A Investment 0 -RM30,000 -RM19,000 1 RM12,000 RM8,000 2. RM12,000 RM8,000 3 RM12,000 RM8,000 4 RM12,000 RM8,000 a. Calculate the payback period for each project. b. Calculate the discounted payback period for each project. c. Calculate the NPV for each project. d. Calculate the IRR for each project. e. Which project would be selected using the NPV criterion? f. Which would be selected using IRR? g. Why do NPV and IRR select different projects? h. Which project would you select? Why? Seksyen 8 Ltd has two mutually exclusive projects under consideration. The required return on each is 8 percent. The cash flows are as follows. Year Project B Project A Investment 0 -RM30,000 -RM19,000 1 RM12,000 RM8,000 2. RM12,000 RM8,000 3 RM12,000 RM8,000 4 RM12,000 RM8,000 a. Calculate the payback period for each project. b. Calculate the discounted payback period for each project. c. Calculate the NPV for each project. d. Calculate the IRR for each project. e. Which project would be selected using the NPV criterion? f. Which would be selected using IRR? g. Why do NPV and IRR select different projects? h. Which project would you select? Why