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A project costs $400,000. The amount of cash in flows expected from the new opportunity are: Year-1 cash Inflow: $125,000 Year-2 cash Inflow: $200,000 Year-3
- A project costs $400,000. The amount of cash in flows expected from the new opportunity are:
- Year-1 cash Inflow: $125,000
- Year-2 cash Inflow: $200,000
- Year-3 cash Inflow: $150,000
- Year-4 cash Inflow: $225,000
- What is the project's modified payback period? a. 2 years
- b. 2.75 years
- c. 2.5 years
- d. Some other answer
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
