Question: Question 4(25 Marics) a) Excellence Through Knowledge Limited (ETK) is considering two projects in Western Jamaica. The initial capital outlay for each project is US
Question 4(25 Marics) a) Excellence Through Knowledge Limited (ETK) is considering two projects in Western Jamaica. The initial capital outlay for each project is US $82,000 and the cost of capital for the ETK is 8%. The cash flow for each project are detailed in the table below. i. Calculate each project's Payback period (4 marks)
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