The walker landscaping company can purchase a piece of

Reference no: EM13616833

The Walker Landscaping Company can purchase a piece of equipment for $3,600. The asset has a two-year life, and will produce a cash flow of $600 in the first year and $4,200 in the second year. The interest rate is 15%. Calculate the project's payback assuming steady cash flows and calculate the project's NPV.

Reference no: EM13616833

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