Question 7 The management of Goldfield Wagons Ltd is considering an investment opportunity in India. They anticipate an annual return from this investment. They are evaluating the financial viability of this project and require your advice. Information: Initial investment R1 500 000 Income after one-year R570 000 Income after two years R642 000 Income after three years R790 000 The discount rate is 11.75%. . (6 Marks) 7.1 Calculate the Net Present Value of the project. (1 Mark) 7.2 Advise the organisation whether it should proceed with the project or not