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QUESTION 8 A firm is considering a capital budgeting project that has an initial out flow of 100 followed by four inflows of $26.6 in
QUESTION 8
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A firm is considering a capital budgeting project that has an initial out flow of 100 followed by four inflows of $26.6 in years 1-4 and a cash flow in year 5 of $32. What is the Payback if the interest rate is 10%?
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