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Question 3 Compute the payback period for a project with the following cash flows: Year O -$15,000 The required return is 10%. O 3.0
Question 3 Compute the payback period for a project with the following cash flows: Year O -$15,000 The required return is 10%. O 3.0 years O Does not payback. O 3.33 years O 2.67 years O None of these is correct. Search Year 1 $4,000 f6 15 4+ Year 2 $5,000 f8 0 f9 Year 3 $6,000 Year 4 $7,000 IAA 3 % 5 > & 7 * 00 E R T D F G H J K C V B N M 18 W f10 411 P O pts
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
