Question
Project K has an initial cost of $75,160, and its expected net cash inflows are $21,750 per year for 5 years. The firm has a
Project K has an initial cost of $75,160, and its expected net cash inflows are $21,750 per year for 5 years. The firm has a WACC of 9 percent, and Project Ks risk would be similar to that of the firms existing assets. What is Project Ks payback period?
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M: Finance
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260772357, 9781260772357
