Its cost of capital is 10 percent what is the projects


A project has the following cash flows:

Project

Year Cash Flow

0 -$3,000

1 1,000

2 1,000

3 1,231.9

4 1,000

Its cost of capital is 10 percent. What is the project’s payback period?

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Financial Management: Its cost of capital is 10 percent what is the projects
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