Question
You are evaluating an investment project costing $43,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, and $7,000 each
You are evaluating an investment project costing $43,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, and $7,000 each year thereafter for 10 years. The maximum payback period for your company is 6 years.
What is the payback period for this project?
Should your company accept this project?
No
Yes
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Strategic management concepts
Authors: Fred david
13th Edition
9780136120988, 136120997, 136120989, 978-0136120995
