Question: A project has an initial cost of $ 2 0 0 , 0 0 0 further it is expected to bring in the following cash

A project has an initial cost of $200,000 further it is expected to bring in the following cash flows $45,000 in year 150,000 in year two 75,000 in year three 100,000 in year four assume that whack is 18% in the firm wants to recover. It's initial investment in 3.75 years. What is the payback period and would the firm accept the project based on the payback.

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