The Early Seventeenth Century of the English East India Company in the Spice Archipelago
The English Company's first interest lay in the Malay Archipelago and the Spice islands, although from the start it faced considerable competition from Dutch merchants. The fleet of the first voyage (1600) visited Acheen in Sumatra and Bantam in Java; in both places the commander, James Lancaster, obtained permission to trade and to establish a factory. He also visits the Moluccas. The fleet of the second…
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Using a spreadsheet, financial calculator, or trial and error to find the root of the equation, we
IRRNX-20 = 20.34%
The IRR criteria implies accepting the NX-20.
The profitability index is the present value of…