Question
A foreign project with an investment of $10,000 has net cash flows of $9,000, $3,000, and $1,000 for each of the next three years. What
A foreign project with an investment of $10,000 has net cash flows of $9,000, $3,000, and $1,000 for each of the next three years. What is the payback period of the project?
2.11 years
1.77 years
2.99 years
1.99 years
1.33 years
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
