Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Tri Star, Inc., has the following mutually exclusive projects:
Year | Project A | Project B | |||||
0 | –$ | 13100 | –$ | 8500 | |||
1 | 7300 | 3200 | |||||
2 | 6300 | 2700 | |||||
3 | 2,100 | 5100 | |||||
Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
If the appropriate discount rate is 9 percent, what is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
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