Question

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.

YearCash inflow (Rs. crore)
11.5
22.0
32.0
41.5

The net present value of the project at an annual discount rate of 10% in Rs. crore is ______.

NAT

Min: 0.5 Max: 0.6

Answer: 0.55

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