Project L has an initial cost of $34,748, and its expected net cash inflows are $9,750 per
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Project L has an initial cost of $34,748, and its expected net cash inflows are $9,750 per year for 8 years. The firm has a WACC of 14 percent, and Project L’s risk would be similar to that of the firm’s existing assets. What is Project L’s payback period?
a. | 3.34 years | |
b. | 3.00 years | |
c. | 3.56 years | |
d. | 3.13 years | |
e. | 4.00 years |
Related Book For
Linear Algebra And Its Applications
ISBN: 9781292351216
6th Global Edition
Authors: David Lay, Steven Lay, Judi McDonald
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