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
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Question
The project has a regular payback of 2.25 years. What is the project’s
Transcribed Image Text:NUBD is considering a project that has an up-front cost and a series of positive cash
flows. The project's estimated cash flows are summarized below:
Project
Cash Flow
?
P500 million
300 million
400 million
600 million
Year
-2 3 4
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