Question: Spintex Ltd. is evaluating a new project for which it would need to invest Rs.450 lacs initially and it is expected to generate cash flows

Spintex Ltd. is evaluating a new project for which it would need to invest Rs.450 lacs initially and it is expected to generate cash flows as follows during its 5 year life-<> Rs.110 lacs (Year 1) Rs. 150 lacs (Year 2) Rs. 190 lacs (Year 3) Rs. 140 lacs (Year 4) Rs.100 lacs (Year 5). Should the company accept the project if its cost of capital is 14%. Also calculate the payback period of the project.

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I didnt know who to talk to.

Th e complaint department was closed over the lunch hour.

Th ey probably would have treated me like a criminal.