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A firm is looking at a new project that costs $ 1 0 0 , 0 0 0 to start and has estimated the following
A firm is looking at a new project that costs $ to start and has estimated the following future cash flows:Year : CF $Year : CF $Year : CF $What is the payback period?
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To calculate the payback period we need to determine the time it takes for the projects cash inflows to recover the initial investment Heres how you can calculate the payback period for the given project 1 Start by listing the future cash flows of the project ...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
