Question
A project has estimated net cash flows as follows: Period 0: ($5,500) Period 1: $200 Period 2: $2,200 Period 3: $3,800 Period 4: $1,200 What
A project has estimated net cash flows as follows:
Period 0: ($5,500)
Period 1: $200
Period 2: $2,200
Period 3: $3,800
Period 4: $1,200
What is the project's payback period?
2.6 years
1.2 years
3.8 years
2.8 years
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
