Answer to Question #41836 in Finance for april

Question #41836
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)
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Expert's answer
2014-04-30T15:00:32-0400
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