A project involves the immediate purchase of an item of plant costing OMR 25,000. It...
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Accounting
A project involves the immediate purchase of an item of plant costing OMR 25,000. It would generate annual cash flows of OMR 7,500 starting from first year. The plant purchased has no scrap value when the project terminates after 5 years. The cost of capital is estimated at 10%. Calculate the Net Present Value with above information. Select one: O A OMR 28,431 OB. OMR 3,431 C. OMR 25,000 OD. None of the given option
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