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:
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i Payback periods XC1 VB93 IPR2 4 years 6 months 2 years 57 months 3 years 34 ...View the full answer
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