QUESTION 1 A computer manufacturer is to develop a new laptop model to be produced from 1 January 2024 for 12 years until 31 December 2035 The total development cost will be 81.1 million of which 550.0 million will be incurred on January 2021, $17.7 milion on 1 November 2021 and 513.4 milion on 1 September 2022. The production cost of each laptop is assumed to be incurred at the beginning of the calendar year of production and will be $500 during 2024. The sale price of each laptop is assumed to be received at the end of the calendar year of production and will be $2200 during 2024. Both the production costs and the sale prices are assumed to increase by 2.0 on each 1 January, the first increase occurring on 1 January 2025. It is also assumed that 10000 laptops will be produced each year and all will be sold. Which of the following is the discounted payback period of the project at an effective rate of interest of 9. per annum? 8.0 years 9.0 years 100 years 11.0 years 12.0 years 13.0 years 14.0 years 16.0 years 17.0 years QUESTION 1 A computer manufacturer is to develop a new laptop model to be produced from 1 January 2024 for 12 years until 31 December 2035 The total development cost will be 81.1 million of which 550.0 million will be incurred on January 2021, $17.7 milion on 1 November 2021 and 513.4 milion on 1 September 2022. The production cost of each laptop is assumed to be incurred at the beginning of the calendar year of production and will be $500 during 2024. The sale price of each laptop is assumed to be received at the end of the calendar year of production and will be $2200 during 2024. Both the production costs and the sale prices are assumed to increase by 2.0 on each 1 January, the first increase occurring on 1 January 2025. It is also assumed that 10000 laptops will be produced each year and all will be sold. Which of the following is the discounted payback period of the project at an effective rate of interest of 9. per annum? 8.0 years 9.0 years 100 years 11.0 years 12.0 years 13.0 years 14.0 years 16.0 years 17.0 years