Question
Project L requires an initial outlay at t = 0 of $69,000, its expected cash inflows are $14,000 per year for 11 years, and its
Project L requires an initial outlay at t = 0 of $69,000, its expected cash inflows are $14,000 per year for 11 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.
Answer: ____years
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The Handbook For Investment Committee Members
Authors: Russell L. Olson
1st Edition
0471719781, 978-0471719786
