Furlion 2016Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Furlion 2016This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 15, 2018 at 8:31 pm #484944 sid18MemberTopics: 6Replies: 2☆How pa value can be find???? Why PE is multiply with 3 year 12%value??? November 16, 2018 at 6:26 pm #485018 John MoffatKeymasterTopics: 57Replies: 54479☆☆☆☆☆Given that the NPV of the expansion is zero, then the PV of the future returns must equal the PV of the cost of the expansion. The cost of the expansion is in 3 years time, so the PV is 15M discounted for 3 years.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In