Consider the following four-year project. The initial outlay or cost is $210,000. The respective cash inflows for
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Consider the following four-year project. The initial outlay or cost is $210,000. The respective cash inflows for years 1, 2, 3 and 4 are: $100,000, $80,000, $80,000 and $20,000. What is the discounted payback period if the discount rate is 11%?
Related Book For
Probability And Statistics
ISBN: 9780321500465
4th Edition
Authors: Morris H. DeGroot, Mark J. Schervish
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