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12. Chapter MC, Section 11, Problem 095 Stern Associates is considering a project that has the following cash flow data. What is the project's payback?
12. Chapter MC, Section 11, Problem 095 Stern Associates is considering a project that has the following cash flow data. What is the project's payback? 0 4 5 1 $300 2 $310 3 $320 -$975 5330 5340 Year Cash flows Ca. 1.29 years Ob. 3.86 years Oc. 2.86 years Od. 4.14 years Oe. 3.14 years
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