3176EconomicsMedium
JCB (Which makes agricultural and construction equipment) has the opportunity to purchase a new factory today that will provide them with a Rs50 million return four years from now If prevailing interest rates are 6 percent, what is the maximum that the project can cost for JCB to be willing to undertake the project?
ARs 43,456,838
BRs 34,538,902
CRs 39,604,682
DRs 53,406,002
Correct answer
C. Rs 39,604,682
Explanation
The correct answer is Rs 39,604,682.