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What is the payback statistic for a project with the following set of yearly cash flows if the company faces a 5 percent cost of
What is the payback statistic for a project with the following set of yearly cash flows if the company faces a 5 percent cost of capital?
| Time | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash Flow | -$8,500 | $5,000 | $4,000 | $3,000 | $3,000 | $1,000 |
A. 1 Year B. 1.875 years C. 2 years
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Financial Statement Analysis & Dividend Investing
Authors: Andrew P.C.
1st Edition
1075873940, 978-1075873942
