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a) A centralized chiller system for process control room was installed with the cost of $ 500 million in 2020. Assume interest rate of
a) A centralized chiller system for process control room was installed with the cost of $ 500 million in 2020. Assume interest rate of 12%. i) What is the equivalent cost required if it was built in 2015? [2 Marks] ii) How much would it cost if the project is delay and be constructed in 2025? [2 Marks]
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
