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Problem 19-05 Three Investments cost $4,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers

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Problem 19-05 Three Investments cost $4,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year 1 2 3 $1,900 1,900 1,900 1,900 1,900 $2,700 2,000 1,300 900 400 $ 0 600 1,500 2,900 5,900 4 Payback for : 2.4 years Payback for B: 1.9 years Payback for C: years Based on the payback periods, investment BV should be chosen Hide Feedback

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