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An investment project costs $21,500 and has annual cash flows of $4,500 for 6 years. What is the payback period? 4.78 years 6 years never
An investment project costs $21,500 and has annual cash flows of $4,500 for 6 years. What is the payback period?
| 4.78 years | ||
| 6 years | ||
| never | ||
| 3.57 years | ||
| 4.12 years |
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
978-0132148238
