A firm initial cash outlay is $100,000 and earns $70,000 in year 1, $30,000 in...
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Accounting
A firm initial cash outlay is $100,000 and earns $70,000 in year 1, $30,000 in year 2, $30,000 in year 3, $25,000 in year 4, and $10,000 in year 5. What is the payback period and the discounted payback period if its cost of capital is 10%?
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