Question
If a project cots $50,000 and is expected to return $12,000 annually, how long does it take to recover the initial investment? What would be
If a project cots $50,000 and is expected to return $12,000 annually, how long does it take to recover the initial investment? What would be the discounted payback period at i=18%? Assume that the cash flows occur continuously throughout the year.
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Financial Management
Authors: Rajiv Srivastava, Anil Misra
2nd Edition
0198072074, 9780198072072
