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CIMA Exam CIMAPRO19-P02-1 Topic 1 Question 68 Discussion
Actual exam question for
CIMA's
CIMAPRO19-P02-1 exam
Question #: 68
Topic #: 1
[All CIMAPRO19-P02-1 Questions]
Topic #: 1
SQ has the opportunity to invest in project X. The net present value for project X is $12,600. Cash inflows occur in years 1, 2 and 3. The company's cost of capital is 14%.
Calculate the annualized equivalent annuity of project X.
Give your answer to the nearest whole $.
.
Suggested Answer:
A
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