Consider an investment that costs $7,000 and has a cash inflow of $1,600 every year...
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Finance
Consider an investment that costs $7,000 and has a cash inflow of $1,600 every year for 5 years. The required return is 4%, and the required payback is 2 years.
The payback period is:
5
the project does not payback
3.75
4.5
4.375
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