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Question 4.11: A company is examining its cash flow requirements for the ne...

A company is examining its cash flow requirements for the next 5 years. It expects to replace a few machines and office computers at various times over the 5-year planning period. The company expects to spend ₹45,000 two years from now, ₹40,000 three years from now and ₹25,000 five years from now. What is the present worth of the planned expenditure at an interest rate of 6% per year?

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