An investment project provides cash inflows of 620 per year, Financial Management

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An investment project provides cash inflows of 620 per year

An investment project provides cash inflows of $620 per year for 10 years. Required:

(a) What is the project payback period if the initial cost is 3,100?

(b) What is the project payback period if the initial cost is 4,278?

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Financial Management: An investment project provides cash inflows of 620 per year

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