We should recall that when we discounted the cash flows of, Finance Basics

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We should recall that when we discounted the cash flows of

Question: We should recall that, when we discounted the cash flows of the Billingsgate Battery Company machine investment opportunity at 20 per cent, we found that the NPV was a positive figure of £24,190 (see p. 345). What does the NPV of the machine project tell us about the rate of return that the investment will yield for the business?

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