Using a discount rate of 6 per cent, what is the net present value of the project

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Using a discount rate of 6 per cent, what is the net present value of the project in Question 46.11A?


Data from Question 46.11

What is the payback on a project requiring £40,000 initial investment that has a net cash inflow of £26,000 in year 1, £16,000 in year 2, and £10,000 in year 3?

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