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
JJ. 173.
![Assume the initial Cost of project A is $150 000
Year Net cash flow
1
$30 000
$35 000
3
$33 000
4 $28 000
$27 000
$22 000
$19 000
$14 000
$13 000
221 000
Determine the payback period. show your working
2
LO
5
6
7
8
Accumulated yearly
net cash flows
9
30 000
65 000
98 000
126 000
153 000
175 000
194 000
208 000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc099cd14-8e7a-497e-ad22-59566121e7f5%2Fec832449-9d6b-438e-a05d-47f1e3eae89c%2Fd0bhjp_processed.png&w=3840&q=75)
Transcribed Image Text:Assume the initial Cost of project A is $150 000
Year Net cash flow
1
$30 000
$35 000
3
$33 000
4 $28 000
$27 000
$22 000
$19 000
$14 000
$13 000
221 000
Determine the payback period. show your working
2
LO
5
6
7
8
Accumulated yearly
net cash flows
9
30 000
65 000
98 000
126 000
153 000
175 000
194 000
208 000
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