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Erbil Real Estate Development is considering investing IQD 300,000,000 in a residential housing project. The project is expected to generate annual net cash flows of
Erbil Real Estate Development is considering investing IQD 300,000,000 in a residential housing project. The project is expected to generate annual net cash flows of IQD 80,000,000 for the next five years. Using a discount rate of 12%, calculate the Net Present Value (NPV) of the investment project and evaluate its financial feasibility. Interpret the NPV results to provide recommendations for Erbil Real Estate Development's investment decision.
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