In order to implement the payback rule, we need to know whether the sum of the inflows
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In order to implement the payback rule, we need to know whether the sum of the inflows from the project will exceed the initial investment before the end of two years. The project has inflows of $28 million per year and an initial investment of $81.6 million.
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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