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An investment project provides cash inflows of $680 per year for 12 years. Required: (a) What is the project payback period if the initial cost
An investment project provides cash inflows of $680 per year for 12 years. |
Required: | |
(a) | What is the project payback period if the initial cost is 1,360? |
(Click to select)2.04 years1.9 years2 years1.94 years2.02 years |
(b) | What is the project payback period if the initial cost is 4,352? |
(Click to select)6.53 years6.46 years6.21 years6.4 years6.08 years |
(c) | What is the project payback period if the initial cost is 8,840? |
(Click to select)5.25 yearsNever3.01 years1.35 years4.95 years |
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