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Suppose Business Finance, Itd. has an opportunity to acquire a new asset for P 21,494,838 today that will increase the company's cash inflow by P

Suppose Business Finance, Itd. has an opportunity to acquire a new asset for P 21,494,838 today that will increase the company's cash inflow by P 5,206,354 every year up to the end of its useful life. The new asset has 8 years of estimated life. Determine the net presence value of taking the investment if the effective interest is 9%

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