Question
A project costs $900 and has cash flows of $100 in the first year and $75 in each of the next 10 years. What is
A project costs $900 and has cash flows of $100 in the first year and $75 in each of the next 10 years. What is the payback period of the project?
a. the project never pays back
b. 9 years
c. 10 years
d. 11 years
e. 12 years
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Offshore Finance And State Power
Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
