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SUBJECT: BUSINESS MATH 1) Your company receives a project from federal government which requires an initial investment of RM580,000. For the first three years, your

SUBJECT: BUSINESS MATH
1) Your company receives a project from federal government which requires an initial investment of RM580,000. For the first three years, your company will be paid RM350,000, RM230,000 and RM70,000 respectively. Find the net present value if discount is 8.3% per annum. Should the project be accepted? (7 marks)

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