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What is the project discounted payback period

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Problem - Compute the traditional payback period (PB) for a project that costs $64,000 if it is expected to generate $16,000 per year for six years? If the firm's required rate of return is 12 percent, what is the project's discounted payback period (DPB)? Should the project be purchased?

Reference no: EM132698531

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