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Do all the calculations manually A Project has an initial investment of Rs 23.50 lakhs and projected cash inflows of Rs 6,10,000 for 5

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Do all the calculations manually A Project has an initial investment of Rs 23.50 lakhs and projected cash inflows of Rs 6,10,000 for 5 years. Assume the discount rate to be 16 percent throughout (a) Work out the Undiscounted and Discounted Pay Back Period (b) Work out the Profitability Index. (c) Should the project be approved? Why? [5] 12/03 1828-8744

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