A company is looking at a 3 year project which requires a capital outlay of...

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Accounting

A company is looking at a 3 year project which requires a capital outlay of 3,000 and is expected to generate annual cash inflows of 1,500.

Tax is payable at 20%, 1 year in arrears

The company has a cost of capital of 10%

Calculate the Net Present Value. (Ignore capital allowances)

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