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The Benildean Corp is company involved in developing software products for banks and financial institutions. The firm's current software project requires an initial investment
The Benildean Corp is company involved in developing software products for banks and financial institutions. The firm's current software project requires an initial investment of P5 million and has an estimanted economic life of 4 years. The expected future cash inflows for the project are as shown in the following table. The firm's current cost of capital is 10% YEAR CASH INFLOW 0 (5,000,000.00) 1 2,000,000.00 2 3,000,000.00 3 1,000,000.00 4 P2,000,000.00
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
