Prima Sdn Bhd is considering these two mutually exclusive projects which required an initial outlay on RM 100,000. Below are the cash flows expected from each project. The cost of capital is 10%.

PROJECT A	PROJECT B
YEAR 1 24,000	YEAR 1 30,000
YEAR 2 26,000	YEAR 2 30,000
YEAR 3 30,000	YEAR 3 30,000
YEAR 4 36,000	YEAR 4 30,000
YEAR 5 48,000	YEAR 5 30,000

i) Determine the best project under technique of payback period (PP)

ii) Determine the best project under technique discounted payback period (DPP)

iii) Determine the best project under technique average rate of return (ARR)

iv) Determine the best project under technique net present value (NPV

v) Determine the best project under technique profitability index (PI)