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The cash flows of a project are given below: Year Cash Flows 0 -6000.0 1 2130.0 2 2140.0 3 2440.0 4 2350.0 The required return
The cash flows of a project are given below:
| Year | Cash Flows |
|---|---|
| 0 | -6000.0 |
| 1 | 2130.0 |
| 2 | 2140.0 |
| 3 | 2440.0 |
| 4 | 2350.0 |
The required return is 8.9 percent. What is the payback period for this project?
3.32
3.18
2.71
3.49
3.46
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HBR Guide To Finance Basics For Managers
Authors: Harvard Business Review
1st Edition
1422187306, 978-1422187302
