Use the following information to answer this question:
You have been appoi...
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Use the following information to answer this question:You have been appointed as the financial manager of Sunshine Africa Media (Pty) Ltd. You need to evaluate project A with the following cash flows:
Year
Project A (CFs in Rands)
0
-100 000
1
45 000
2
35 000
3
56 000
4
100 000
The applicable discount rate for the project is 9%.Using the PV tables provided previously on Moodle, the discounted payback period for project A is ____________