QUESTION 5 HighTech Inc. is considering replacing a hand operated machine with a brand new fully automated machine. The company has two types of machine to choose and they are mutually exclusive. The firm's cost of capital is 14 percent. Below are the expected cash flows generated by both machines. Machine XX Machine YY Initial Investment RM 80.000 RM 50,000 Year 1 RM 15.000 RM 15.000 Year 2 RM 20.000 RM 15.000 Year 3 RM 25.000 RM 15,000 Year 4 RM 30,000 RM 15.000 Year 5 RM 35.000 RM 15,000 Calculate the following: a) Payback period for both machines b) Net present value for both machines c) Profitability index for both machines d) Internal rate of return for Machine YY Which machine should the company choose? (20 marks)