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ABC Corp is evaluating a new project requiring an initial investment of $300,000. The project is expected to generate inflows of $70,000 annually for the
- ABC Corp is evaluating a new project requiring an initial investment of $300,000. The project is expected to generate inflows of $70,000 annually for the first three years, $50,000 for the next two years, and $100,000 in the final year. Determine the payback period and the accounting rate of return for the project.
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
