Mathematics
Mathematics, 27.03.2020 03:10, mclendenen8011

The initial outlay or cost is $1,000,000 for a four-year project. The respective future cash inflows for years 1, 2, 3 and 4 are: $500,000, $300,000, $300,000 and $300,000. What is the payback period without discounting cash flows?

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The initial outlay or cost is $1,000,000 for a four-year project. The respective future cash inflows...

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