If the firms required rate of return is 12 percent what is


Compute the traditional payback period (PB) for a project that costs $64,000 if it is expected to generate $16,000 per year for six years? If the firm's required rate of return is 12 percent, what is the project's discounted payback period (DPB)? Should the project be purchased?

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Finance Basics: If the firms required rate of return is 12 percent what is
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