What is the payback period-npv
Question: A project has an initial cost of $65,000, expected cash flows of $14,000 per year for 9 years and a cost of capital of 11%. Answer the following:1) What is the IRR?2) What is the payback period?3) What is the NPV?
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1) What is the IRR? 2) What is the payback period? 3) What is the NPV?
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