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Business, 04.08.2019 17:10 andyromero

Jordan enterprises is considering a capital expenditure that requires an initial investment of $42,000 and returns after-tax cash inflows of $7,000 per year for 10 years. the firm has a maximum acceptable payback period of 8 years. a. determine the payback period for this project. b. ? whyorwhynot?

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