Question
Find the payback period for the following project Initial Outlay $18,500 Year 1 $5,070 Year 2 $5,210 Year 3 $5,670 Year 4 $7,230 The answer
Find the payback period for the following project Initial Outlay $18,500 Year 1 $5,070 Year 2 $5,210 Year 3 $5,670 Year 4 $7,230 The answer should be calculated to the two decimal places.
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Introduction To Corporate Finance
Authors: William L. Megginson, M.D. Lucey Brian C., Scott J. Smart, Scott B. Smart, Bill Megginson
1st Edition
184480562X, 9781844805624
