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Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 $ 53,000 $
| Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. |
| Year | Cash Flow (A) | Cash Flow (B) | |||||
| 0 | $ | 53,000 | $ | 63,000 | |||
| 1 | 19,500 | 11,500 | |||||
| 2 | 21,000 | 14,500 | |||||
| 3 | 17,500 | 19,000 | |||||
| 4 | 4,500 | 223,000 | |||||
| What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) |
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On Values In Finance And Ethics Forgotten Trails And Promising Pathways
Authors: Henry Schäfer
1st Edition
3030046834,3030046842
