Company Rapid Growth is considering the following project: Year 0 1 2 3 4 5 Cash Flows -$88800 $10500 $25800 $33200 $37600 $50800 What's the payback period
Company Rapid Growth is considering the following project: Year 0 1 2 3 4 5 Cash Flows -$88800 $10500 $25800 $33200 $37600 $50800 What's the payback period
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Company Rapid Growth is considering the following project:
Year | 0 | 1 | 2 | 3 | 4 | 5 |
Cash Flows | -$88800 | $10500 | $25800 | $33200 | $37600 | $50800 |
What's the payback period of the project?
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