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Self-Study Problem 10.02 a1-a2 (Part Level Submission) Cullumber Crafts Corp. management is evaluating two independent capital projects that will each cost the company $250,000. The two projects will provide the following cash flows: Year Project A Project B 1 $88,750 $26,450 91,450 80,125 30,235 145,250 4 139,655 88,110 (a1) X Your answer is incorrect. Try again. What is the payback period of both projects? (Round answers to 2 decimal places, e.g. 15.25.) The Payback of Project A is years and Project B is years.

Self-Study Problem 10.02 a1-a2 (Part Level Submission) Cullumber Crafts Corp. management is evaluating two independent capital projects that will each cost the company $250,000. The two projects will provide the following cash flows: Year Project A Project B 1 $88,750 $26,450 91,450 80,125 30,235 145,250 4 139,655 88,110 (a1) X Your answer is incorrect. Try again. What is the payback period of both projects? (Round answers to 2 decimal places, e.g. 15.25.) The Payback of Project A is years and Project B is years.

EBK CFIN
EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter11: The Cost Of Capital
Section: Chapter Questions
Problem 19PROB
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Self-Study Problem 10.02 a1-a2 (Part Level Submission) Cullumber Crafts Corp. management is evaluating two independent capital projects that will each cost the company $250,000. The two projects will provide the following cash flows: Year Project A Project B 1 $88,750 $26,450 91,450 80,125 30,235 145,250 4 139,655 88,110 (a1) X Your answer is incorrect. Try again. What is the payback period of both projects? (Round answers to 2 decimal places, e.g. 15.25.) The Payback of Project A is years and Project B is years.
Transcribed Image Text:Self-Study Problem 10.02 a1-a2 (Part Level Submission) Cullumber Crafts Corp. management is evaluating two independent capital projects that will each cost the company $250,000. The two projects will provide the following cash flows: Year Project A Project B 1 $88,750 $26,450 91,450 80,125 30,235 145,250 4 139,655 88,110 (a1) X Your answer is incorrect. Try again. What is the payback period of both projects? (Round answers to 2 decimal places, e.g. 15.25.) The Payback of Project A is years and Project B is years.
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