Question
4The cash flows of a project are given below: Year Cash Flows 0 -11000.0 1 5530.0 2 7070.0 3 3080.0 4 4920.0The required return is
4The cash flows of a project are given below: Year Cash Flows 0 -11000.0 1 5530.0 2 7070.0 3 3080.0 4 4920.0The required return is 4.3 percent. What is the payback period for this project?
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Financial Markets And Institutions
Authors: Stanley Eakins Frederic Mishkin
9th Global Edition
1292215003, 978-1292215006
