Question
Payback period Project K costs $50,000, its expected cash inflows are $10,000 per year for 12 years, and its WACC is 9%. What is the
Payback period
Project K costs $50,000, its expected cash inflows are $10,000 per year for 12 years, and its WACC is 9%. What is the project's payback? Round your answer to two decimal places.
years
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
