What is the projects simple-regular payback


Problem:

A company is considering a project which has an up front cost paid today at t=0. The project will generate positive cash flows of 60,000 a year at the end of each of the next five years.

The project's NPV is 75,000 and the company WACC is 10 percent. What is the project's simple, regular payback?

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Finance Basics: What is the projects simple-regular payback
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