QUESTION 1: (20 marks) 1. Project Feasibility Analysis is an important tool to ensure investments in a project has been seriously considered before embarking on the project. a) See the Table Below: Analyze and calculate the Payback period for the Investment below. (Please show the analysis & calculation) (10 Marks) b) See the Table Below: Analyze and calculate the average Rate of Return for the Investment below. (Please show the calculation) (5 Marks) Initial Investment: RM300,000.00. Assume a discounted rate of 8% per year. Year Cash Inflow Net Present Value (NPV) Cumulative Cash Inflow Cumulative Present Value 0 1 2 3 -RM300,000.00 RM60,000.00 RM70,000.00 RM80,000.00 RM80,000.00 RM80,000.00 RM80,000.00 -RM300,000.00 RM55,555.56 RM60,013.72 RM63,506.58 RM58,802.39 RM54,446.66 RM50,413.57 4 5 6 Total c) The management has decided to invest ONLY if the Payback period is less than 4 years. From your analysis and calculation, will the Management invest in this project and why