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very very urgent! Rohit Ltd has generated . 1,50,00,000 form the sale of its manufacturing units. The company has an option to invest the money
very very urgent!
Rohit Ltd has generated . 1,50,00,000 form the sale of its manufacturing units. The company has an option to invest the money for 5 years in an investment avenue that will give an assured compounded retum of 11,5%. On the maturity of investment at the end of the 5th year, the firm can invest the money in proposed expansion plans that are projected to cost 2.5,00,00,000. If the fim decides to go ahead with the investment, how much friancing will be needed at the end of 5th year to finance its expansion planStep by Step Solution
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