Fundamentals of Financial Management (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
15th Edition
ISBN: 9781337395250
Author: Eugene F. Brigham, Joel F. Houston
Publisher: Cengage Learning
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Chapter 11, Problem 4P
Summary Introduction

To calculate: The payback period for the given project.

Introduction:

Payback Period:

It refers to the time period that is required to get an amount invested in a project with some return on the project. In other words, it is the time that a project takes to repay the amount invested with some return attached to the project.

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Students have asked these similar questions
1. What is the project’s payback period? 2.
Can we select projects according to their corresponding payback period? 3.
Solve c)   What is the payback period (PB) for this project?

Chapter 11 Solutions

Fundamentals of Financial Management (MindTap Course List)

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