PROBLEM 10.10 Ashok Garments Ltd is considering a new investment proposal of 7500,000. The project will provide before-tax cash flows of 300,000 for 5 years. It would be financed by a 5-year loan with the following repayment schedule: Total Payment Interest at 15% Principal Balance 149,165 75,000 74,165 425,835 149,165 63,875 85,290 340,545 149,165 51,081 98,083 242,462 149,165 36,369 112,796 129,666 149,165 19,450 129,715 (49)* *Rounding off error.