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Final out the Net Present Value for which a project requires an initial investment of Rs. 25,000 and volves a net cash inflow of Rs.

Final out the Net Present Value for which a project requires an initial investment of Rs. 25,000 and volves a net cash inflow of Rs. 12,000 each for 3 years. The cost of funds is 8% There is no scrap value. The present value of an annuity of Re 1 for 3 years at 8% per annum is Rs. 2.577.

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