Question
A project costs $425 and has cash flows of $100 for the first three years and $75 in each of the project's last five years.
A project costs $425 and has cash flows of $100 for the first three years and $75 in each of the project's last five years. What is the payback period of the project? a. 5.66 years b. 4.67 years c. 4.75 years d. 4.00 years e. The project never pays back
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
