Question
) Company Whiskey is looking at a project requiring a $15,000 investment which, in turn, will generate the following cash flows: year-1 $750; year-2 $5,000;
) Company Whiskey is looking at a project requiring a $15,000 investment which, in turn, will generate the following cash flows: year-1 $750; year-2 $5,000; year-3 $10,000; year-4 $15,000. The firm's cost of capital is 8.5%. What is the payback period or this project?)
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
