I do not understand what does this sentence mean 15m additional expenditure at the site of the factory in 3 years time is it that furlion will do additional expenditure on project after 3 years if this is the case why is the project expiry date 3 years and how have we calculated present value at yr 0
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Furlion co march june 2016
Yes - the expenditure would be in the 3 years time which is why it is discounted :-)
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