Question 9-43 A project has the following costs and benefits. What is the payback period? Year Costs Benefits 0 $65,000 1-2 15,000 3 5,000 $50,000 4-10 $10,000 in each year

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter9: Capital Budgeting Techniques
Section: Chapter Questions
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Question 9-43 A project has the following costs and benefits. What is the payback period?
Year Costs
Benefits
0
$65,000
1-2 15,000
3
5,000
$50,000
4-10
$10,000 in each year
Transcribed Image Text:Question 9-43 A project has the following costs and benefits. What is the payback period? Year Costs Benefits 0 $65,000 1-2 15,000 3 5,000 $50,000 4-10 $10,000 in each year
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