An investment project is financed by loans (100%) and interest rate for the investment loans is 10%. The financial data which characterizes this project is: Initial cost = 8 000 $, Net cash-flow 1^st year = 2 000 $, Net cash-flow 2^nd year = 5 000 $ and Net-cash flow 3^rd year = 3 000 $. No residual value. The project's nominal payback period, computed by using the fraction of a year method, is:

Selectai rspunsul corect:

a.

2 years and 273 days

b.

1 year

c.

2 years and 122 days

d.

3 years and 245 days

e.

2 years and 167 days