7. A project's free cash flow is expected to be $23,000 in year 1. The cash...

 

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7. A project's free cash flow is expected to be $23,000 in year 1. The cash flow is also expected to grow at 15% each year for the next three years until the project ends at year 4. The project will cost $72,000 to start. What is the project's payback? 7. A project's free cash flow is expected to be $23,000 in year 1. The cash flow is also expected to grow at 15% each year for the next three years until the project ends at year 4. The project will cost $72,000 to start. What is the project's payback?

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To calculate the payback period we need to determine in which year the cumulative ... View the full answer