Groot plc is investing in a new fleet of delivery vehicles. The vehicles will cost...
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Groot plc is investing in a new fleet of delivery vehicles. The vehicles will cost 700,000 immediately, and will run for 4 years, after which they will be sold at a scrap value of 45,000. They will bring in revenues of 400,000 per year, and incur running costs of 80,000 per year for each of the 4 years. What is the net present value of the project at a 10% discount rate? 344,815 314,080 664,815 851,855
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