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CIMA Exam CIMAPRO19-P02-1 Topic 3 Question 40 Discussion
Actual exam question for
CIMA's
CIMAPRO19-P02-1 exam
Question #: 40
Topic #: 3
[All CIMAPRO19-P02-1 Questions]
Topic #: 3
A project requires an initial investment of $50,000. It will generate positive cash flows for two years as follows.
The cost of capital is 12% per year.
What is the equivalent annual net present value of the project?
Give your answer to the nearest $10.
Suggested Answer:
A
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