=+d. Three projects each requiring an initial investment of 4,200 each produce a net present value of
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=+d. Three projects each requiring an initial investment of £4,200 each produce a net present value of zero after discounting at 6 per cent a year:
1. a 5-year annuity of £997.
2. a 10-year annuity of £571.
3. a 20-year annuity of £366.
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Related Book For
Corporate Finance For Business The Essential Concepts
ISBN: 9783030924188
2nd Edition
Authors: Ronny Manos, Keith Parker, D. R. Myddelton
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