Initial investment in project

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EKG Berhad is considering a new project that will require an initial cash investment of RM398,000. The project will produce no cash flows for the first two years. The projected cash flows for year 3 through 7 are RM79,000, RM88,000, RM102,000, RM140,000, and RM160,000 respectively. How long will it take the firm to recover its initial investment in this project?

Reference no: EM132543492

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