The project requires an initial investment of Rs. 30,000, and the annual cash inflows for...

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Accounting

The project requires an initial investment of Rs. 30,000, and the annual cash inflows for 5 years are Rs. 7,000, Rs. 8,000, Rs. 5,000, Rs. 9,000, and Rs. 14,000, respectively. Find the payback period and NPV for project, if the discount rate is 5%

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