What is the solution to these questions?

(a)The discounted cash flow (DCF) method is used to determine if a given project in Table Q3(a) is a good investment. Calculate the net present value and assess if the project should go ahead. Show all calculations clearly. Assume the discount rate of 5.75%.

(b) EverInno company has developed a new innovation. Discuss the possible misguided application of financial tools which can prevent the new innovation in the company from being successful.

(c) M&H is a garment company which produces a variety of garments and has many customers. Set up a strategic concept which can be used by the project managers to plan, monitor, control, analyse, and forecast projects status, progress and performance.

\begin{tabular}{|l|l|l|l|l|l|} \hline All values in SGD (\$) & Year 0 & Year 1 & Year 2 & Year 3 & Year 4 \\ \hline Costs & 70,000 & 5,000 & 5,000 & 5,000 & 5,000 \\ \hline Benefits & 0 & 10,000 & 15,000 & 30,000 & 50,000 \\ \hline \end{tabular} Table O3(a)