Question: Bella Corp is considering a project that will require an initial investment of $800,000 and is expected to generate future cash flows of $100,000 for
Bella Corp is considering a project that will require an initial investment of $800,000 and is expected to generate future cash flows of $100,000 for years 1 through 3, $125,000 for years 4 and 5, $150,000 for years 6 through 10.
Required:
Calculate the project payback period in years.
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