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Assume a project has the following expected cash flows: Year 0: ($350,000) Year 1: $125,000 Year 2: $130,000 Year 3: $170,000 Year 3: $200,000 What
Assume a project has the following expected cash flows:
Year 0: ($350,000)
Year 1: $125,000
Year 2: $130,000
Year 3: $170,000
Year 3: $200,000
What is the project's payback (payback period)?
- A.2.20 years
- B.2.45 years
- C.2.54 years
- D.2.62 years
- E.3.05 years
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
