Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback?
r = | 10.00% | |||
Year | 0 | 1 | 2 | 3 |
Cash flows | −$900 | $500 | $500 | $500 |
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