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Business, 29.04.2021 18:40 jeff2852

CHEGG Your company is considering an expansion project in India. The project has an initial cost of Rs1,900,000. The project will return Rs500,000 a year for 5 years. The applicable discount rate is 5 percent. The inflation rate in the U. S. is 3 percent while it is 7 percent in India. The spot rate is Rs43 per $1. What is the net present value of this project in dollars

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