Question
A company with a cost of capital of 10% is contemplating investing in a project which will yield 91,510 in 3 years time. This return
A company with a cost of capital of 10% is contemplating investing in a project which will yield 91,510 in 3 years time. This return of 91,510 is before taking account of inflation, which is expected to average 3.0% per annum over the coming 3 years. What is the present value of this project ?
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Management And Cost Accounting
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
3rd Edition
0273687514, 978-0273687511
