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You are a director of a small firm that intent to invest 1 000 000...

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Accounting

You are a director of a small firm that intent to invest 1 000 000 in a new mobile app for it's operation and a quarter of of millions rand of the four year of its lunch. What will be the net present value if the firm anticipates inflow of 7 00 000 each for five years. The rate of return is 12%. Do you think this is viable project and why?. Show all calculations

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