Discount rate (%)

Hai

Rungwe

NPV

BCR

NPV

BCR

1

17662502.95

2.28

29183283.40

4.05

2

13545019.48

2.10

23667739.28

3.87

3

9057983.13

1.84

17657163.36

3.61

4

5119825.90

1.55

12381834.36

3.26

5

2102033.16

1.25

8339372.71

2.86

6

−36624.96

0.99

5474549.25

2.45

7

−1506109.95

0.79

3506111.64

2.06

8

−2519576.31

0.62

2148530.37

1.72

9

−3234555.58

0.50

1190785.26

1.44

10

−3753383.73

0.39

495792.88

1.19

11

−4139936.66

0.32

−22011.19

0.99

12

−4434403.87

0.26

−416462.53

0.82

13

−4662799.02

0.21

−722407.54

0.68

14

−4842519.37

0.17

−963150.59

0.56

15

−4985561.59

0.14

−1154761.72

0.46

IRR (%)

5.98

10.96