FUND.ACCT.PRIN.
FUND.ACCT.PRIN.
25th Edition
ISBN: 9781260247985
Author: Wild
Publisher: RENT MCG
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Chapter 26, Problem 5E
To determine

(a) To calculate:

Payback period of the investment.

To determine

(b) To calculate:

Payback period of the investment.

Introduction:

Payback period of any investment refers to the minimum expected time period which is required to recovery of initial investment. In other words we can say that minimum period in which initial investment will be recoverd is known as payback period.

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