Problemchristopher electronics bought new machinery for, Ask an Expert

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Problem:

Christopher electronics bought new machinery for $5,045,000 million. This is expected to result in additional cash flows of $1,200,000 million over the next 7 years.

Required:

Question: What is the payback period for this project? Their acceptance period is five years.

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Category:- Basic Finance
Reference No.:- M91147689

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