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A project has an initial cost of $10,500 and cash inflows of $2,100, $3,100, $3,800, and $4,500 a year over the next four years, respectively.
A project has an initial cost of $10,500 and cash inflows of $2,100, $3,100, $3,800, and $4,500 a year over the next four years, respectively. What is the payback period?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
