Question

A project requires ₹4 lakh initial investment and yields ₹1 lakh annually for 5 years. If the cost of capital is 10%, what is the Net Present Value (NP

  • V ?
A ₹-0.79 lakh
B ₹0.60 lakh
C ₹-0.21 lakh
D ₹1.00 lakh
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