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Calculate the Pay Back for project K and decide if the firm should accept or reject the project. Cost of Capital is 11% and the
Calculate the Pay Back for project K and decide if the firm should accept or reject the project. Cost of Capital is 11% and the maximum allowable payback is 4 years
Project K | ||||||
Time | 0 | 1 | 2 | 3 | 4 | 5 |
Cash Flow | -11,000 | 3,230 | 4,120 | 1,530 | 3,500 | 990 |
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