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7. If the rate of return is estimated to be 16% per year on the project, and the Cedi is expected to depreciate by 10%
7. If the rate of return is estimated to be 16% per year on the project, and the Cedi is expected to depreciate by 10% against the U.S. dollar (ZC6.05 = US $1 ) in 10 years, i. what will be the ending value of the project in Cedis? ii. translate the ending value into U.S. dollars, iii. compute the compounded rate of return per year on this investment in dollar terms to shareholders of Teck Systems Inc
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