Richardson Ltd is trying to decide which project should be taken up, out of three possible investments.
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Richardson Ltd is trying to decide which project should be taken up, out of three possible investments. The initial investment would amount to £40,000. Scrap value at the end of use would be nil.
The cost of capital is 9 per cent, for which discount factors are as follows:
Transcribed Image Text:
Year 12245 3 Present value of 1 0.917 0.842 0.772 0.708 0.650
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