What is the project traditional payback period

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Question - A firm is evaluating a capital budgeting project that generates cash inflows equal to $50 per year for the next five years. If the project's initial cost is $180. The firm's required rate of return is 15%.

(a) What is the project's traditional payback period?

(b) What is the project's discounted payback period?

Reference no: EM133057730

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