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You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $10,000 and
- You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $10,000 and will be posted for one year. You expect it will generate additional revenue of $1500 per month.
c) What is the payback period?
a) What is the discounted payback period if the discount rate is 1% per month?
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
