Question
Hiline Bakery is evaluating an investment opportunity that will produce annual cash flows of $19M for 14 years. The initial investment is $213M. What is
Hiline Bakery is evaluating an investment opportunity that will produce annual cash flows of $19M for 14 years. The initial investment is $213M. What is the project's payback period if the annual required return is 8%?
| A | 13.1 years | |
| B | 11.4 years | |
| C | 12.9 years | |
| D | 11.2 years | |
| E | 14 years |
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Project Finance In Theory And Practice Designing Structuring And Financing Private And Public Projects
Authors: Stefano Gatti
4th Edition
032398360X, 9780323983600
