=+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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Corporate Finance For Business The Essential Concepts

ISBN: 9783030924188

2nd Edition

Authors: Ronny Manos, Keith Parker, D. R. Myddelton

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