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What is meant by each of the following statements? a. The present value of the future cash flows expected from an investment project is R30,000,000.

What is meant by each of the following statements? 


a. “The present value of the future cash flows expected from an investment project is R30,000,000”. (2) 


b. “The net present value (NPV) of an investment project is R10,000,000”. (2) 


c. “A project’s cost of capital is 10 percent”. (2) 


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