Question
Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $15,000, $13,000, $16,000, $15,000, and $14,000, respectively.
Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $15,000, $13,000, $16,000, $15,000, and $14,000, respectively. The interest rate is 7%. Enter your answer rounded to 2 DECIMAL PLACES. What is the discounted payback period? Number If the firm requires a discounted payback periods 4 years or less, will the project be accepted?
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Founding Finance How Debt Speculation Foreclosures Protests And Crackdowns Made Us A Nation
Authors: William Hogeland
1st Edition
0292757530, 978-0292757530
