Question
Only have 20 minutes!: An investment project requires a net investment of $90,000. The project is expected to generate annual net cash inflows of $22,000
Only have 20 minutes!:
An investment project requires a net investment of $90,000. The project is expected to generate annual net cash inflows of $22,000 for the next 5 years. The firm's cost of capital is 12 percent. Determine the simple payback period for the project.
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
