A project that costs $16,000 today will generate cash flows of $3,300 per year for seven years.
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A project that costs $16,000 today will generate cash flows of $3,300 per year for seven years. What is the project's payback period?
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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