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help :) You are evaluating a project with an initial investment of $19 million dollars, and expected cash flows of $9 million dollars each for
help :) 
You are evaluating a project with an initial investment of $19 million dollars, and expected cash flows of $9 million dollars each for years 1-3. What is the project's simple payback? The corporate WACC is 11%. Express your answer in years, rounded to 2 decimals. So, if your answer is 2.7654, then just enter 2.77 Step by Step Solution
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Financial Management
Authors: P V V Satyanarayana
1st Edition
9350568012, 9789350568019
