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A project has an initial cost of $75,000, expected net cash inflows of $18,000 per year for 7 years, and a cost of capital of
A project has an initial cost of $75,000, expected net cash inflows of $18,000 per year for 7 years, and a cost of capital of 12%.What is the project's payback period in years?
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
