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5. An investment requires 12,000 today, and produces the first cash flow of 500 in three years (year 3). Cash flow is expected to grow
| 5. An investment requires 12,000 today, and produces the first cash flow of 500 in three years (year 3). Cash flow is expected to grow at 2.5% a year after year 3. | ||||||||||||||
| a)What is the NPV of this investment if the discount rate is 8%? (8 points) | ||||||||||||||
| NPV = | ||||||||||||||
| b) What is the rate of return of this investment? (8 points) | ||||||||||||||
| Rate of return = |
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Quality Control Procedure For Statutory Financial Audit An Empirical Study
Authors: Siddhartha Sankar Saha, Mitrendu Narayan Roy
1st Edition
1787142272, 9781787142275
