The initial investment for a small scale mining project is Rs. 5.0 crore. Annual cash inflow for a life period of 4 years is given below.
Year | Cash inflow (Rs. crore) |
---|---|
1 | 1.5 |
2 | 2.0 |
3 | 2.0 |
4 | 1.5 |
The net present value of the project at an annual discount rate of 10% in Rs. crore is ______.
Min: 0.5 Max: 0.6
Answer: 0.55
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