Year | Cash In flows | Present Value of Re 1 at 10% |
R s. | ||
1 | 18 ,000 | 0.90 9 |
2 | 16 ,000 | 0.82 6 |
3 | 14 ,000 | 0.75 1 |
4 | 12 ,000 | 0.68 3 |
5 | 10 ,000 | 0.62 1 |
Taking the cut off rate at 10%, suggest whether the project should be accepted or not. Use net present value method.
Question based on DIMS Solved Assignment and other course
Solution:
Net Present Value = Total Present Value of Cash Inflows – Initial Investment
= Rs. 54,498 – Rs.50,000 = Rs. 4,498