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3. Calculate the traditional and discounted payback period (Discount rate = 10%) for the following project. Year 0 1 2 3 Cash flows -$1,000 $500
| 3. Calculate the traditional and discounted payback period (Discount rate = 10%) for the following project. |
|
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$1,000 | $500 | $500 | $490 |
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Managerial Finance
Authors: John Fred Weston, Eugene F. Brigham, John Boyle, Robin John Limmack
1st Edition
0039101975, 978-0039101978
