Question
IBM is considering two investment projects: Project C and Project D. The following data is available: Project Initial Investment ($) Annual Cash Flows ($) Project
IBM is considering two investment projects: Project C and Project D. The following data is available:
Project | Initial Investment ($) | Annual Cash Flows ($) | Project Lifespan (Years) |
C | $1,800,000 | $360,000 | 5 |
D | $1,200,000 | $300,000 | 6 |
Calculate the payback period for each project.
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
978-0078025679
