Question
The Ball Shoe Company is considering an investment project that requires an initial investment of $536,000 and returns after-tax cash inflows of $98,051 per year
The Ball Shoe Company is considering an investment project that requires an initial investment of $536,000 and returns after-tax cash inflows of $98,051 per year for 10 years. The firm has a maximum acceptable payback period of 8 years.
a.Determine the payback period for this project.
b.Should the company accept the project?
a.The payback period for this project is nothing years.
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How To Make Money With Junk Bonds
Authors: Robert Levine
1st Edition
007179381X,0071793828
