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A project has the following cash flows. What is the payback period? Year Cash Flow 0 $ 45,000 1 20,000 2 23,500 3 24,000 4
A project has the following cash flows. What is the payback period?
| Year | Cash Flow | |
| 0 | $ | 45,000 |
| 1 | 20,000 | |
| 2 | 23,500 | |
| 3 | 24,000 | |
| 4 | 25,000 | |
-
1.72 years
-
2.33 years
-
2.06 years
-
1.83 years
-
2.65 years
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International Finance
Authors: Keith Pilbeam
5th Edition
1350347094, 978-1350347090
