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frustelle frustelle
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2 months ago
Consider a project that requires an investment of $22,500 today and pays $5,250 per year for ten years. What is the payback period of the project? Assume the cost of capital is 12%.

▸ 4.93 years

▸ 4.52 years

▸ 4.29 years

▸ 4.71 years
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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OmfgtimmyOmfgtimmy
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2 months ago
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frustelle Author
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2 months ago
Thank you, thank you, thank you!
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Brilliant
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2 hours ago
Thanks for your help!!
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