Question
A $218,000 project has equal annual cash flows over its 7-year life. If the discounted payback period is seven years and the discount rate is
A $218,000 project has equal annual cash flows over its 7-year life. If the discounted payback period is seven years and the discount rate is 0%, what is the amount of the cash flow in each of the seven years?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
9th Edition
0321598903, 978-0321598905
