Question
eBook Payback A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 8 years, and a cost of
| eBook Payback A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 8 years, and a cost of capital of 13%. What is the project's payback period? Round your answer to two decimal places. years |
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Elements Of Financial Risk Management
Authors: Peter Christoffersen
2nd Edition
0128102357, 9780128102350
