What is the traditional payback period


What is the traditional payback period (PB) of a project that costs $450,000 if it is expected to generate $120,000 per year for five years? If the firm's required rate of return is 11 percent, what is the project's discount payback period ( DPB)

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: What is the traditional payback period
Reference No:- TGS045184

Expected delivery within 24 Hours