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Hamilton company invested in a two year project having an internal rate of return of 12%.The project is expected to produce cash flow from operations,
Hamilton company invested in a two year project having an internal rate of return of 12%.The project is expected to produce cash flow from operations, net of income taxes of P60,000 in the first year and P70,000 in the second year.The present value of P1 for one period at 12% is 0.893 and for two periods at 12% is 0.797.How much will the project cost?
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