Fundamentals of Financial Management
Fundamentals of Financial Management
15th Edition
ISBN: 9780357307724
Author: Brigham
Publisher: CENGAGE L
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Chapter 11, Problem 4P
Summary Introduction

To calculate: The payback period for the given project.

Introduction:

Payback Period:

It refers to the time period that is required to get an amount invested in a project with some return on the project. In other words, it is the time that a project takes to repay the amount invested with some return attached to the project.

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Students have asked these similar questions
1. What is the project’s payback period? 2.
Solve c)   What is the payback period (PB) for this project?
Can we select projects according to their corresponding payback period? 3.

Chapter 11 Solutions

Fundamentals of Financial Management

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