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ABC is considering a project that has the following cash flows: Year Cash Flow 0 -X 1 210 2 215 3 375 4 456 The
ABC is considering a project that has the following cash flows:
Year | Cash Flow |
0 | -X |
1 | 210 |
2 | 215 |
3 | 375 |
4 | 456 |
The project has a payback of 3.15 years, and the firms cost of capital is 12%. What is X?
-$278.40 | ||
-$493.40 | ||
-$868.40 | ||
None of the above | ||
Cannot be determined |
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