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Princess Cake House Christina is the owner of a chain of bakeries operating in all the state capital in Peninsula Malaysia. Christina is intending to
Princess Cake House Christina is the owner of a chain of bakeries operating in all the state capital in Peninsula Malaysia. Christina is intending to open a new restaurant in Kuching, Sarawak. From her experience, the expected cash inflows for five years of operation are as follows: Year Cash Inflows (RM'000) 1e 1312 2 114 3 104 4 95 5 912 Assume that the cost of capital is 12%. The finance clerk had indicated that the net present value of the investment is RM93,880. Predict the initial investment required for the set-up of the new bakery in Kuching
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