QUESTION 2 Darwin Sdn. Bhd. is considering two mutually exclusive projects. The free cash flows associated with those projects are as follows: Initial Outlay PROJECT X PROJECTY -RM800,000 RM800,000 Inflow year 1 200,000 0 Inflow year 2 200,000 0 Inflow year 3 200,000 O 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. (5Marks) b. Calculate each project's NPV. (5 Marks) c. Calculate each project's IRR