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CIMA Exam CIMAPRO19-P02-1 Topic 1 Question 68 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam
Question #: 68
Topic #: 1
[All CIMAPRO19-P02-1 Questions]

SQ has the opportunity to invest in project X. The net present value for project X is $12,600. Cash inflows occur in years 1, 2 and 3. The company's cost of capital is 14%.

Calculate the annualized equivalent annuity of project X.

Give your answer to the nearest whole $.

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Suggested Answer: A

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