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(a) What is the underlying premise in using Discounted Cash Flow (DCF) to evaluate project investment decisions? (b) A graduate Engineer can only afford annual

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(a) What is the underlying premise in using Discounted Cash Flow (DCF) to evaluate project investment decisions? (b) A graduate Engineer can only afford annual repayments of euro 10, 650, on her mortgage. How long will the mortgage period be if she borrows euro 95,000 at 13% interest? What advice should they be given regarding this mortgage

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