Question
A project costs $24,000 initially, and will generate a constant cash flow of $2,000 every year for 16 years. The maximum payback period for your
A project costs $24,000 initially, and will generate a constant cash flow of $2,000 every year for 16 years. The maximum payback period for your company is 8 years.
a. What is the payback period for this project?
b. should ur company accept this project?
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Quantum Economics And Finance
Authors: David Orrell
3rd Edition
1916081630, 978-1916081635
