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BenHunt72
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A business project with a 6 year life span and an initial cost of £18,000 generates revenues of £4,000 in year 2, £6,000 in year 4, £7,000 in year 5 and £7,500 in year 6
i) Briefly explain the Net Present Value (NPV) method of investment appraisal and the assumptions that are made when employing this technique.
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