Business, 31.07.2020 21:01 TheMadScientist8575
A project has an initial cost of $44,000. Expected cash flows as a result of this project are projected as indicated below. Calculate the payback period for this project. Assume a discount rate of 9%.
Project X t Cash Flows
0 -44,000
1 10,000
2 10,000
3 15,000
4 18,000
5 15,000
Rate %: 9
Answers: 1
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A project has an initial cost of $44,000. Expected cash flows as a result of this project are projec...
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