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QUESTION FIVE [8] Project X requires an immediate investment of R150,000 and will generate net cash inflows of R60,000 for the next 3 years. The
QUESTION FIVE [8] Project X requires an immediate investment of R150,000 and will generate net cash inflows of R60,000 for the next 3 years. The projects discount rate is 7%. If NPV is used to appraise the project, should Project X be undertaken or not?
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