Darwin Sdn. Bhd. is considering two mutually exclusive projects. The free cash flows associated with those projects are as follows

Initial Outlay	PROJECT X	PROJECT Y
	-RM800,000	-RM800,000
Inflow year 1	200,000	0
Inflow year 2	200,000	0
Inflow year 3	200,000	0
Inflow year 4	200,000	0
Inflow year 5	200,000	1040,000

The required rate of return on these projects is 12 percent.

a.Calculate each project payback period.

b.Calculate each projects NPV.

c.Calculate each projects IRR.

Calculate the profitability index.

e recommend appropriate project to accept