Consider the following cash flows: Year Cash Flow 0 -$5,000 1 $1,200 2 $2,400 3 $1,600 4
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Question:
Consider the following cash flows:
Year Cash Flow
0 -$5,000
1 $1,200
2 $2,400
3 $1,600
4 $1,600
5 $1,400
6 $1,200
Payback The company requires all projects to payback within 3 years. Calculatethe payback period. Should it be accepted or rejected?
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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