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A Project costs 60,000 and is expected to generate cash inflows as: Calculate Net Present Value and Profitability Index. Comment whether project should be accepted

A Project costs 60,000 and is expected to generate cash inflows as:

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Calculate Net Present Value and Profitability Index. Comment whether project should be accepted or not. Assume cost of capital is 10%. Enumerate the steps of calculation of NPV.

Year Cash inflows() 1 10,000 12,000 15,000 18,000 20,000 22,000

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