Question
McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback? r: 10.00% Year 0
McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback?
r: | 10.00% | |||
Year | 0 | 1 | 2 | 3 |
Cash flows | −$1,000 | $500 | $600 | $700 |
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Intermediate Financial Management
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11th edition
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