Let say a person have bought a bus worth of Rs 7,300,000 to rent it out in
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Let say a person have bought a bus worth of Rs 7,300,000 to rent it out in the market. The bus is said to bring an inflow of Rs.240, 000 in first two years, 260,000 in 3rd and 4th year, while 75% of 4th year in fifth year. Assuming the discount rate to be 17% for 2 years and then it will be 15%.
What will be the net present value?
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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