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Investment appraisal followup

Hhuma8y ago
Sir in question if its mentioned that Dong is assessing a project in which the first of four annual lease payments has been agreed at $120000. This is payable in one year's time. So here this means that first lease payment is at which time?
John MoffatJohn MoffatTutor8y ago#1
Did you read my pervious reply? If it is payable in 1 years time then it is payable at time 1
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