Question
A project with an initial cost of $60,500 is expected to generate cash flows of $18,200, $27,560, $13,470, $13,560, and $12,520 over each of the
A project with an initial cost of $60,500 is expected to generate cash flows of $18,200, $27,560, $13,470, $13,560, and $12,520 over each of the next five years, respectively. What is the project's payback period?
Payback Period = years
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Essential Finance Guide
Authors: DK Publishing
1st Edition
078948157X, 978-0789481573
