Question
A project has an initial cost of $9,900 and cash inflows of $2,100, $2,500, $2,800, $1,500, and $4,000 a year over the next five years,
A project has an initial cost of $9,900 and cash inflows of $2,100, $2,500, $2,800, $1,500, and $4,000 a year over the next five years, respectively. What is the payback period?
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Cost Of Capital Applications And Examples
Authors: Shannon P. Pratt, Roger J. Grabowski, Richard A. Brealey
5th Edition
1118555805, 9781118555804
