Describe the characteristics of money market fund

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1. A project has an initial cost of $17,000 and cash inflows of $3,800, $4,400, $9,600, and $4,500 over the next 4 years, respectively. What is the payback period? 1.92 years 2.92 years 4.00 years 3.00 years

2. Describe the characteristics of money market fund.

3. Scare Train, Inc. has the following balance sheet statement items: current liabilities of $860,580; net fixed and other assets of $1,965,820; total assets of $3,207,990; and long-term debt of $666,240. What is the amount of the firm's net working capital?

Reference no: EM131945082

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