Consider the following project:Year 0 C/FYear 1 C/FYear 2C/FYear 3C/FYear 4 C/FYear 5 C/FDiscount Rate-79

20

25

30

35

40

15%

The payback period for theprojectis closest to:

2.9 years3.2 years3.1 years2.6 years

QUESTION 8 Consider the following project: YearO CIF Year1 C/F Year2 CIF Year3 C/F Year4 C/F Year 5 C/F Discount Rate The payback period for the project is closest to: O 2.9 years O 3.2 years O 3.1 years 0 2.6 years