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Compute the traditional payback period (PB) for a project that costs $ 44,000 if it is expected to generate $ 14,000 per year for six
Compute the traditional payback period (PB) for a project that costs $ 44,000 if it is expected to generate $ 14,000 per year for six years? If the firms required rate of return is 10 percent, what is the projects discounted payback period (DPB)? Should the project be purchased?
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