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4 (8) A project requires an initial investment of R225,000 and is expected to generate the following net cash inflows: Year 1:R95,000 Year 2:R80,000 Year
4 (8) A project requires an initial investment of R225,000 and is expected to generate the following net cash inflows: Year 1:R95,000 Year 2:R80,000 Year 3: R60,000 Year 4:R55,000 Required: Compute net present value of the project if the minimum desired rate of return is 12%. (1.5 marks are for formatting)
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Management Accounting A Decision Emphasis
Authors: Don T. DeCoster, Eldon L. Schafer, Mary T. Ziebell
4th Edition
0471637130, 978-0471637134
