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QUESTION 4 (8) A project requires an initial investment of R225,000 and is expected to generate the following net cash inflows: Year 1:R95,000 Year

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QUESTION 4 (8) A project requires an initial investment of R225,000 and is expected to generate the following net cash inflows: Year 1:R95,000 Year 2:R80,000 Year 3:R60,000 Year 4:R55,000 Required: Compute net present value of the project if the minimum desired rate of return is 12%. (1.5 marks are for formatting).

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