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A six-units detached house development project costs are the following: -Total land cost 30,000,000 Baht (pay the beginning of the project) -House construction cost 2,000,000

A six-units detached house development project costs are the following: -Total land cost 30,000,000 Baht (pay the beginning of the project) -House construction cost 2,000,000 Baht per unit (pay one unit at the end of month) - Total SG&A 6,000,000 Baht (pay equally at the end of month 1- 6)Total project time is six months. Detached house will be sold 1 unit per month starting month 1, which is paid full payment at the end of each month (means get full paid 1 unit at the end of month 1-6). The selling price is 30 percent markup. Weighted average cost of capital of project is 12%. What is he project rate of return? 30% 64.28% 15.86% 42.86% The investment. is the exact amount of time it takes the firm to recover its initial net present value internal rate of return certainty equivalent payback period All of the following accounts are used in the preparation of the cash budget except: excess cash. cash receipts. O depreciation. cash disbursements

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