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Elysian Fields, Inc, uses a maximum payback period of 6 years and currently must choose
between two mutually exclusive projects. Project Hydrogen requires an initial outlay of $29,000;
project Helium requires an initial outlay of $30,000. Using the expected cash inflows given for
each project in the following table, , calculate each project's payback period. Which project
meets Elysian's standards?
(Click on the icon here 2 in order to copy the contents of the data table below into a spreadsheet.)

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Elysian Fields, Inc, uses a maximum payback period of 6 years and.pdf

  • 1. Elysian Fields, Inc, uses a maximum payback period of 6 years and currently must choose between two mutually exclusive projects. Project Hydrogen requires an initial outlay of $29,000; project Helium requires an initial outlay of $30,000. Using the expected cash inflows given for each project in the following table, , calculate each project's payback period. Which project meets Elysian's standards? (Click on the icon here 2 in order to copy the contents of the data table below into a spreadsheet.)