Question
A project has the following cash flows: Project Year Cash Flow 0 -$3,000 1 1,000 2 1,000 3 1,357.51 4 1,000 Its cost of capital
A project has the following cash flows:
Project
Year Cash Flow
0 -$3,000
1 1,000
2 1,000
3 1,357.51
4 1,000
Its cost of capital is 10 percent. What is the projects payback period?
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Handbook Of Income Distribution Volume 2B
Authors: Anthony B. Atkinson, Francois Bourguignon
1st Edition
0444594299, 978-0444594297
