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A Company is considering an investment proposal, involving an initial cash outlay of TZS 4 5 0 , 0 0 0 . The proposal has

A Company is considering an investment proposal, involving an initial cash outlay of TZS
450,000. The proposal has an expected life of 7 years and zero salvage value. At a
required rate of return of 12 percent, the proposal has a profitability index of 1.182.
Required:
Calculate annual cash inflows.
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