Question:Payback Period
Project L costs $40,000, it’s expected cash inflows are
$10,000 per year for 10...
Question
Payback Period
Project L costs $40,000, it’s expected cash inflows are
$10,000 per year for 10...
Payback Period
Project L costs $40,000, it’s expected cash inflows are
$10,000 per year for 10 years, and it’s WACC is 9%. What is the
projects payback? Round answer to two decimal places.