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A company is considering an investment proposal which requires. an initial cash outlay of 50000 tk.-lThe investment will have a life of 5 years. The

A company is considering an investment proposal which requires. an initial cash outlay of 50000 tk.-lThe investment will have a life of 5 years. The estimated cashflows before tax are as follows . Cash flows in year1; tk12000. Year 2 ;tk. 14000.Cash flows in year 3 ;tk16000. Cash flows in year4 ;tk 18000.Cash flows in year5; tk. 20000.Calculate ARR

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