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Hope Motors is considering a project with the following expected cash flows: Year Project Cash Flow 0 -$900 million 1 300 million 2 100 million
Hope Motors is considering a project with the following expected cash flows:
Year | Project Cash Flow |
0 | -$900 million |
1 | 300 million |
2 | 100 million |
3 | 400 million |
4 | 200 million |
What is the projects payback?
A) 1.8 years
B) 2.2 years
C) 2.7 years
D) 3.5 years
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