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A project has the following cash flows. What is the payback period? Year Cash Flow 0 $ 10,000 1 1,800 2 3,600 3 5,800 4
A project has the following cash flows. What is the payback period?
| Year | Cash Flow | |
| 0 | $ | 10,000 |
| 1 |
| 1,800 |
| 2 |
| 3,600 |
| 3 |
| 5,800 |
| 4 |
| 6,000 |
a. 2.92 years
b. 2.79 years
c. 2.38 years
d. 3.03 years
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
1st Edition
0073382256, 9780073382258
