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A project has an initial cost of $50,000 and expected cash flows of $5.000/year for 20 years. What is the payback period of the project?
A project has an initial cost of $50,000 and expected cash flows of $5.000/year for 20 years. What is the payback period of the project? 5 years 10 years 15 years 20 years
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Management Accounting
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Susan Wolcott
2nd Edition
1742166148, 978-1742166148
