Question: =+ (b) Each divisional manager is actively contemplating a project with the following cash flows: Investment of 00000 now, giving expected net cash inflows beginning

=+

(b) Each divisional manager is actively contemplating a project with the following cash flows:

Investment of 00000 now, giving expected net cash inflows beginning in one year's time of f4000 per annum for 10 years.

There will be no scrap value at the end of the project's life.

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