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Lola1 Lola1
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2 months ago
What is the payback period of a project that requires an initial cash outlay of $16,000 and provides cash flows of $4,500 in year 1, $5,500 in year 2, $6,500 in year 3, and $7,500 in year 4? Assume the appropriate discount rate is 10%.

▸ 2.36 years

▸ 2.68 years

▸ 2.08 years

▸ 2.92 years
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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sportzchik15sportzchik15
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2 months ago
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Lola1 Author
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2 months ago
this is exactly what I needed
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Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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