Question
You are considering investing $500 in an investment project that has the economic life of 2 years and is expected to produce $1,000 cash inflows
You are considering investing $500 in an investment project that has the economic life of 2 years and is expected to produce $1,000 cash inflows in the first year and $300 in the second year. What is this projects payback period?
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Money Banking And Financial Markets
Authors: Laurence Ball
1st Edition
0716759349, 9780716759348
