Question
A firm is considering a project with the following cash flows. What is the payback period for this project? Year 0 : -$114,600 Year 1
A firm is considering a project with the following cash flows. What is the payback period for this project?
Year 0 : -$114,600
Year 1 : $35,900
Year 2 : $50,800 Year 3 : $45,000
OPTIONS BELOW
2.62 years
2.48 years
3.00 years
2.00 years
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Parimutuel Applications In Finance New Markets For New Risks
Authors: Ken Baron, Jeffrey Lange
1st Edition
1403939500, 9781403939500
