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A project that requires an initial investment of $100,000 and generates the following cash flows: YEAR CASH FLOWS 1 30,000 35,000 2 3 40,000 4
A project that requires an initial investment of $100,000 and generates the following cash flows: YEAR CASH FLOWS 1 30,000 35,000 2 3 40,000 4 20,000 5 19,000 If the cost of capital is 8.5% have a discounted payback period of Select one: O 3.856 years O 2.856 years O 2.875 years O not enough data to answer O 3.875 years O 3.665 years
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