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A project has an initial cost of $55,000, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital of
| A project has an initial cost of $55,000, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital of 12%. What is the project's payback period? Round your answer to two decimal places. |
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Quantum Economics And Finance
Authors: David Orrell
3rd Edition
1916081630, 978-1916081635
