The following net cash flows relate to Lockhart Limited in connection with a certain project that has
Question:
The following net cash flows relate to Lockhart Limited in connection with a certain project that has an initial cost of £2,500,000:
The company’s required rate of return is 15 per cent.
Required:
Calculate the net present value of the project.
Transcribed Image Text:
Year 123 +5 4 5 Net cash flow £000 800 850 830 1 200 700 (excluding the initial cost)
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Accounting For Non-Accounting Students
ISBN: 9781292128979
9th Edition
Authors: John R. Dyson, Ellie Franklin
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