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Assume a $70,000 investment and the following cash flows for two alternatives. Year Investment A Investment B 1 $ 20,000 $ 35,000 2 25,000 25,000
Assume a $70,000 investment and the following cash flows for two alternatives.
| Year | Investment A | Investment B |
|---|---|---|
| 1 | $ 20,000 | $ 35,000 |
| 2 | 25,000 | 25,000 |
| 3 | 20,000 | 20,000 |
| 4 | 20,000 | |
| 5 | 25,000 |
Calculate the payback for investment A and B.
Note: Round your answers to 2 decimal places.
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Introduction To Financial Management
Authors: Sudanshu Pandeya
1st Edition
1774695316, 978-1774695319
