Question
A project has the following cash flows: Year 0:-$130,000 Year 1: $60,000 Year 2: $0 Year 3: $100,000 Year 4: $0 Year 5: $60,000 The
A project has the following cash flows:
Year 0:-$130,000
Year 1: $60,000
Year 2: $0
Year 3: $100,000
Year 4: $0
Year 5: $60,000
The discount rate is 18%.Calculate the payback period.
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
