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A project with an initial cost of $23,750 is expected to generate cash flows of $5,600, $7,700, $8,600, $7,500, and $6,400 over each of the
A project with an initial cost of $23,750 is expected to generate cash flows of $5,600, $7,700, $8,600, $7,500, and $6,400 over each of the next five years, respectively. What is the project's payback period?
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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
