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ABC Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows
ABC Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year | 0 | 1 | 2 | 3 |
Cash flows | -$750 | $300 | $325 | $350 |
1. | 2.36 years | |
2. | 1.93 years | |
3. | 2.69 years | |
4. | 2.40 years | |
5. | 2.19 years |
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