
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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An investment project has an annual
$7,400, and a discount rate of 14 percent. Calculate the discounted payback period for
the following cash flows if the initial cost iS $6000
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