Question
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $14,000, $11,000, $13,000, $12,000, and $15,000, respectively.
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $14,000, $11,000, $13,000, $12,000, 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 3 years or less, will this project be accepted? Yes or No
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Fundamentals Of Futures And Options Markets
Authors: John Hull
9th Edition
0134083245, 9780134083247
