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 ?

JCB (Which makes agricultural and construction equipment) has the opp

1.	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 ?
A.	Rs 43,456,838
B.	Rs 53,406,002
C.	Rs 34,538,902
D.	Rs 39,604,682
Answer» E.