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A project with the following expected cash flow pattern would have a payback period of ____ years ( round to two decimals). initial investment ($9000)
A project with the following expected cash flow pattern would have a payback period of ____ years ( round to two decimals).
initial investment ($9000)
- Year 1 inflow:$2000
- Year 2 inflow:$3000
- Year 3 inflow:$8000
- Year 4 inflow:$3000
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
