Question
A project that requires an initial outlay of $42,000 is expected to produce after-tax cashflows of $10,000 in each of the first 3 years, $8,000
A project that requires an initial outlay of $42,000 is expected to produce after-tax cashflows of $10,000 in each of the first 3 years, $8,000 in years 4 and 5, and $5,000 in years 6 through 10.
In what year will payback be achieved?
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Finance For Real Estate Development
Authors: Charles Long
1st Edition
0874204305, 978-0874204308
