Determine the payback period accounting for present value

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An investment project requires a net investment of $100.000.The project is expected to generate annual net cash flows of $28,000 for the next 5 years. The firm's cost of capital is 12%. What is the payback period for the project and Determine the payback period accounting for the present value of the future cash flow (Present value calculations) please so the work?

Reference no: EM13919731

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