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Means the tax credit on the first two years can be recorded
I didnt include od in cash cycle..
I used fisher formular to work out the general inflation which i applied on fixed cost. Expected variable cost is 12 buh u still have to inflate it…
I did pick 16.0 for the wacc was d nearest i got
Yea got 88 cash cycle gov npv of 2.+ some ugly figures the mcqs were tricky…!!! Esp the WACC mcq couldnt imagine i didnt get the ansa???