Question
Microsoft is considering two investment projects: Project G and Project H. The following data is available: Project Initial Investment ($) Annual Cash Flows ($) Project
Microsoft is considering two investment projects: Project G and Project H. The following data is available:
Project | Initial Investment ($) | Annual Cash Flows ($) | Project Lifespan (Years) |
G | $2,000,000 | $400,000 | 5 |
H | $1,500,000 | $350,000 | 6 |
Calculate the payback period for each project.
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Financial Management For Decision Makers
Authors: Peter Atrill, Paul Hurley
2nd Canadian Edition
138011605, 978-0138011604
