Question
Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $13,000, $15,000, $13,000, $11,000, and $15,000, respectively.
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Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $13,000, $15,000, $13,000, $11,000, and $15,000, respectively. What is the payback period? (Enter your answer rounded to 2 DECIMAL PLACES) If the firm accepts projects with payback periods 4 years or less, will this project be accepted? Yes No
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Corporate And Project Finance Modeling Theory And Practice
Authors: Edward Bodmer
1st Edition
1118854365, 9781118854365
