Firm uses payback period criteria of not accepting project

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Reference no: EM131054766

AMP INC has invested $2,165,800 on equipment. The firm uses payback period criteria of not accepting any project that takes more than 4 years to recover costs. The company anticipates cas flows of $451,386, $512,178, $561,755, $764,997, $816,500, and $825,375 over the next 6 years. What's the pay back period?

Reference no: EM131054766

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Firm uses payback period criteria of not accepting project : AMP INC has invested $2,165,800 on equipment. The firm uses payback period criteria of not accepting any project that takes more than 4 years to recover costs. The company anticipates cas flows of $451,386, $512,178, $561,755, $764,997, $816,500, and..

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