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Spender Sdn Bhd expects the cash inflow from an investment to be RM 50,000 after 2 years and another RM 30,000 after 3 years. Its
Spender Sdn Bhd expects the cash inflow from an investment to be RM 50,000 after 2 years and another RM 30,000 after 3 years. Its target rate of return is 12%. Calculate the present value of these future returns and advise if Spender Sdn Bhd should go ahead with the investment if the initial outflow is RM 50,000
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