Project Phoenix costs $1.25 million and yields annual cost savings of $200,000 for seven years. The assets
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Project Phoenix costs $1.25 million and yields annual cost savings of $200,000 for seven years. The assets involved in the project can be salvaged for $100,000 at the end of the project. Ignoring taxes, what is the payback period for Project Phoenix?
Related Book For
Valuation The Art and Science of Corporate Investment Decisions
ISBN: 978-0133479522
3rd edition
Authors: Sheridan Titman, John D. Martin
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