Question
Calculate the payback (in number of years) of a 20-year project with a cost of $400,000 and annual cash flows of $50,000 in years 1-10
Calculate the payback (in number of years) of a 20-year project with a cost of $400,000 and annual cash flows of $50,000 in years 1-10 and $25,000 in years 11-20. The company's required rate of return is 10%.
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
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