Question
You are considering a project with an initial investment of $ 20,000 and that is expected to generate a cash flow of $ 10,000 in
You are considering a project with an initial investment of $ 20,000 and that is expected to generate a cash flow of $ 10,000 in the first year and $ 6,000 in each of the next 4 years. The required rate of return for the project is 6%. Determine the Discounted Payback Period.
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
