Cost of capital - paybackmario a business owner would like, Ask an Expert

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Cost of Capital - Payback

Mario, a business owner, would like to invest in a project that costs $30,000. The project return should generate $12,000 first year and $16,000 in the second and third year. Determine how long it will take to get the initial cost back. (use almost, a little over and/or half as needed in your answer)

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Financial Management, Finance

Category:- Financial Management
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