Question
29. The Rotogame company is evaluating a fixed assets investment project with an initial cost of $ 5,000 and that is expected to generate a
29. The Rotogame company is evaluating a fixed assets investment project with an initial cost of $ 5,000 and that is expected to generate a cash flow of $ 2,000 in the first year, $ 2,000 in the second and $ 2,000 in the third. The Payback Period of the project is:
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
