A public school is being renovated for $16.2 million. The annual value of these benefits is estimated to be $5.8 million. In addition, the residual value of the school at the end of its 40-year life is negligible. MARR-20%, The simple payback period of this project is O 3 years O 4 years O 6 years ©️ 5 years

EBK CFIN
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ISBN:9781337671743
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Chapter10: Project Cash Flows And Risk
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J 7 A public school is being renovated for $16.2 million. The annual value of these benefits is estimated to be $5.8 million. In addition, the residual value of the school at the end of its 40-year life is negligible. MARR-20%, The simple payback period of this project is O 3 years O 4 years O 6 years ©️ 5 years
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