Question: Example 1: Even net cash flows Calculate the net present value of a project which requires an initial investment of $243,000 and it is expected

 Example 1: Even net cash flows Calculate the net present value

Example 1: Even net cash flows Calculate the net present value of a project which requires an initial investment of $243,000 and it is expected to generate a net cash flow of $50,000 each month for 12 months. Assume that the salvage value of the project is zero. The target rate of return is 12% per annum

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