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Payback Period for Project Assignment | Homework For You

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March 18th, 2020

A new bottling machine will cost $23,000 initially. The machine will produce after-tax cash flows of $4,000 in the first year and $7,000 each year thereafter for 4 years. Your company’s cost of capital is 3%.Homework For You

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A) What is the payback period for this project?

B) What is the discounted payback period for this project? Get Finance homework help today

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