Essay
Sycamore Industries has provided the following information on a proposed project: 
Required:
a.What is the payback period for the investment?
b.What is the simple rate of return on the investment?
c.What is the internal rate of return on the investment?
Correct Answer:
Verified
a.$140,000 ÷ $20,000 = 7 years...View Answer
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Correct Answer:
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