Compute the traditional payback period (PB) for a project that costs $30,000 if it is expected to generate $10,000 per year for six years? Round your answer to the nearest whole number. years If the firm's required rate of return is 12 percent, what is the project's discounted payback period (DPB)? Do not round intermediate calculations. Round your answer to two decimal places. years Should the project be purchased? The project -Select- be purchased.

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
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Compute the traditional payback period (PB) for a project that costs $30,000 if it is expected to generate $10,000 per year for six years? Round your answer to the nearest whole number. years If the firm's required rate of return is 12 percent, what is the project's discounted payback period (DPB)? Do not round intermediate calculations. Round your answer to two decimal places. years Should the project be purchased? The project -Select- be purchased.
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