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Wells Inc. is considering a project that has the following cash flow data. What is the projects ...

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Wells Inc. is considering a project that has the following cash flow data. What is the projects ...

Wells Inc. is considering a project that has the following cash flow data. What is the project’s payback?

Year:	0	1	2	3
Cash flows:	–$1,000	$600	$400	$400

▸

2.00 years

▸

2.16 years

▸

2.50 years

▸

2.73 years

Textbook

Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

Read 68 times

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More solutions for this book are available here

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Good timing, thanks!

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