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You have been appointed as the new financial manager of African Delight (Pty) Lt...

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You have been appointed as the new financial manager of African Delight (Pty) Ltd. You need to evaluate project A with the following cash flows:

  

            Year                Project A (CFs in Rands)

            0                                 -66 900

            1                                  32 000

            2                                 38 000

            3                                 36 000

 

            The applicable discount rate for the project is 12%.

 

The net present value (NPV) of project A is__________
0%
0%
0%
0%
100%
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