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Question 14.3: Using the discounted cash flow table (Figure 14.3), evaluate...

Using the discounted cash flow table (Figure 14.3), evaluate two identical projects, E
and F, each of which require the payment of an initial deposit of £10,000. Project E is
financed by three equal annual instalments of £30,000; project F is financed by two
equal annual instalments of £45,000. Assume a 5% p.a. interest rate.

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