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GHI Corporation is evaluating a project with the following cash flows: Initial Investment: $1,000,000 Cash Flows: $200,000 per year for 5 years Calculate the payback
GHI Corporation is evaluating a project with the following cash flows:
- Initial Investment: $1,000,000
- Cash Flows: $200,000 per year for 5 years
Calculate the payback period for the project.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
