Question
Maxwell Software, Inc., has the following mutually exclusive projects. Year Project A Project B 0 $27,000 $30,000 1 15,500 16,500 2 12,000 10,500 3 3,600
| Maxwell Software, Inc., has the following mutually exclusive projects. |
| Year | Project A | Project B | ||
| 0 | $27,000 | $30,000 | ||
| 1 | 15,500 | 16,500 | ||
| 2 | 12,000 | 10,500 | ||
| 3 | 3,600 | 12,000 | ||
| a-1. | Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) |
| Payback period | ||
| Project A | years | |
| Project B | years | |
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
