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The financial manager is evaluating a proposal for a new project with a cost of ...
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The financial manager is evaluating a proposal for a new project with a cost of capital of 13.5%.The cash flows for the project are estimated as follows:
| Year | Net cash flows |
| 0 | -R 2 000 000 |
| 1 | R 850 000 |
| 2 | R 750 000 |
| 3 | R 650 000 |
The NPV is ...
0%
0%
0%
100%