1. avatar says

    What if the tax payable/refundable is on arrears basis, in which case, in this example, these cash flows will fall into the 6th year. Is the life of the project then 5 years or 6 years?

  2. avatar says

    I have a query:
    What if any of the cash flows are negative? So you will have the initial investment and then cash inflows over the years. Say for example, Year 2 makes a negative cash flow, then will that cash flow be considered in PV of return or investment?

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