CPA Rwanda
CPA Rwanda (ICPAR Qualification)
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A project requires an initial capital outlay of RWF 20,000,000 and generates net annual cash inflows of RWF 7,000,000 for each of the next 4 years. If the company's cost of capital is 10%, what is the Net Present Value (NPV) of the project (using 4-year cumulative discount factor at 10% = 3.1699)?
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