Question
An investment project provides cash inflows of $630 per year for eight years. What is the project payback period if the initial cost is $1,775?
An investment project provides cash inflows of $630 per year for eight years. What is the project payback period if the initial cost is $1,775? What if the initial cost is $3,450? What if it is $5,200? Please show work. I would like to understand this concept.
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Fundamentals Of Financial Management
Authors: James C. Van Horne
10th Edition
0138596875, 9780138596873
