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An investment project provides cash inflows of $710 per year for 10 years. Required: (a) What is the project payback period if the initial cost
An investment project provides cash inflows of $710 per year for 10 years. |
Required: | |
(a) | What is the project payback period if the initial cost is 2,130? |
(Click to select)3.06 years2.91 years2.85 years3.03 years3 years |
(b) | What is the project payback period if the initial cost is 4,828? |
(Click to select)6.8 years6.6 years6.87 years6.46 years6.94 years |
(c) | What is the project payback period if the initial cost is 7,810? |
(Click to select)5.25 years3.01 yearsNever1.35 years4.95 years |
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