Question
A project costing $150,000 has following expected benefits: Year 1 $70,000 Year 2 $70,000 Year 3 $ 80,000 Year 4 $60,000 Year 5 $40,000. What
A project costing $150,000 has following expected benefits:
Year 1 $70,000
Year 2 $70,000
Year 3 $ 80,000
Year 4 $60,000
Year 5 $40,000.
What is the payback period of the project?
And what is the NPV of the project if the discount rate is 10%?
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
