Determine the Net Present Value for each project assuming a 13 per cent required rate of return on these projects.

Your first assignment in your new position as an assistant financial analyst at DeLalang Berhad (DLB) is to evaluate three new capital-budgeting proposals. Because this is your first assignment, you have been asked not only to provide a recommendation, but also to respond to number of questions aimed at judging your understanding of the capital- budgeting process. The expected cash flows from each project are as follows: Project Project Project Cash flows Daun kesom Daun Sirih Daun kunyit Initial investment RM 100,700 RM 100,700 RM 100,700 Cash inflows, years 1-5 RM 32,500 RM 31,500 RM 30,000