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A project has an initial cost of $59,875, expected net cashinflows of $12,000 per year for 7 years, and a cost of capital of11%. What
A project has an initial cost of $59,875, expected net cashinflows of $12,000 per year for 7 years, and a cost of capital of11%. What is the project's payback period? Round your answer to twodecima 2 answers
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
