What information does the payback period provide? Suppose you are evaluating a project with...
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Accounting
What information does the payback period provide?
Suppose you are evaluating a project with the expected future cash inflows shown in the following table. Your boss has asked you to calculate the project's net present value NPV You don't know the project's initial cost, but you do know the project's regular, or conventional, payback period is years.
tableYearCash FlowYear $
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