Question
Project 1 Payback period = 2 years 9 months NPV = 2,041 APR = 22.08% Project 2 Payback period = 2 years 10 months NPV
Project 1
Payback period = 2 years 9 months
NPV = 2,041
APR = 22.08%
Project 2
Payback period = 2 years 10 months
NPV = 3,995
APR = 26.19%
Based on the above, which project is best to invest in?
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
0470390158, 978-0470390153
