Question 23 Determine the missing values represented by K, L, M, and N in Table 4. A K = 0.8929; L = R267 870; M = 0.7118 and N = R284 720 B K = 0.9009; L = R198 198; M = 0.7312 and N = R219 360 C K = 0.9174; L = R201 828; M = 0.7722 and N = R284 800 D K = 0.8929; L = R267 870; M = 0.7722 and N = R284 800

Question 24 Calculate the total present value of the net cash flows of the investment opportunity. A R989 028 B R1 190 575 C R1 088 510 D R1 199 290

Question 25 If the Net Present Value of the investment opportunity is an unfavourable R99 290, what is the initial outlay? A R1 298 580 B R1 200 000 C R1 100 000 D R1 186 000

Use the information provided below to answer questions 23 to 25 . The projected annual net cash flows associated with an investment opportunity are shown below in Table 4 . The expected rate of return on the investment is 12%. Table 4: Annual net cash flows of the investment opportunity