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A project which requires an initial investment of OMR 50,000 with an estimated life of 5 years without any scrap value yields an average annual

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A project which requires an initial investment of OMR 50,000 with an estimated life of 5 years without any scrap value yields an average annual cash inflows before tax of OMR 25,000. It is also estimated that the company will fall under the corporate tax rate of 20% and a discount rate of 12% on the cash flows. Calculate the Average Annual Profit After Tax from the above information

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