If a project costs $100,000 and is expected to return $25,000 annually, how long does it take
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Payback period method is a traditional method/ approach of capital budgeting. It is the simple and widely used quantitative method of Investment evaluation. Payback period is typically used to evaluate projects or investments before undergoing them,...
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a Conventional payback period 10000025000 4 years b Discounted payb...View the full answer
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