Question
The Surpa Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 8%. Calculate the payback period
The Surpa Corporation is evaluating the following project. The CFO has determined that the appropriate risk-adjusted discount rate is 8%. Calculate the payback period for the project. (Round to 3 decimals) Year Cash Flow 0 -25,000,000 1 5,000,000 23 6,000,000 6,000,000 4 6,000,000 5 10,000,000
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
978-0077862275
