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A project with an initial cost of $23,050 is expected to generate cash flows of $5400, $7500, $8500, $7400, and $6200 over each of the
A project with an initial cost of $23,050 is expected to generate cash flows of $5400, $7500, $8500, $7400, and $6200 over each of the next five years, respectively. What is the projects payback period?
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
