You are evaluating a project with an initial investment of $9.6 million, and equal expected cash flows

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You are evaluating a project with an initial investment of $9.6 million, and equal expected cash flows of $5.1 million per year for years 1 to 5. What is this projects simple payback? The corporate WACC is 5%.

Enter your answer in years, rounded to 1 decimal. For example, if your answer is 2.7654, just enter 2.8

Related Book For answer-question

Corporate Finance Principles And Practice

ISBN: 9781292450940

9th Edition

Authors: Denzil Watson, Antony Head

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Posted Date: Mar 08, 2024 06:13 AM

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You are evaluating a project with an initial investment of $9.6 million, and equal expected cash flows

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To calculate the simple payback period we need to fin... View the full answer

Corporate Finance Principles And Practice

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