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A project has a cash flow of ($1,327,500) at time 0, $280,000 in year 1, $310,000 in year 2, $466,000 in year 3, $320,000 in
A project has a cash flow of ($1,327,500) at time 0, $280,000 in year 1, $310,000 in year 2, $466,000 in year 3, $320,000 in year 4, and $539,000 in year 5. The company's cost of capital is 11%. What is the payback period for this project? (Please show excel steps/formulas)
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There are 3 Steps involved in it
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To calculate the payback period for the project we need to determine the time it takes for the cumul...
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
