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Solve Question (B) Task 2: A. M& H company is planning to undertake a project requiring initial investment of $105 million. The project is expected

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Solve Question (B)

Task 2: A. M& H company is planning to undertake a project requiring initial investment of $105 million. The project is expected to generate $25 million per year in net cash flows for 7 years. Calculate the payback period of the project. (10 Marks) B. Discuss the term investment appraisal and explain Payback Period as investment appraisals methods. (20 Marks)

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