Question
An investment project generates after-tax cash flows of $5,000 per year for the next 10 years. Suppose the payback period for the project is 5
An investment project generates after-tax cash flows of $5,000 per year for the next 10 years. Suppose the payback period for the project is 5 years and the appropriate discount rate is 15 percent. What is the initial cost of the project?
$25,000
$30,000
$32,167
$16,761
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Analysis For Financial Management
Authors: Robert Higgins
6th Edition
0071181172, 9780071181174
