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QUESTION 21 Calculate the payback period for the following project: 1 ICO: $34,000 MCC: 13.2% year Cashflow $9,800 2 $10,200 3 $9,700 4 $9,600 5

QUESTION 21 Calculate the payback period for the following project: 1 ICO: $34,000 MCC: 13.2% year Cashflow $9,800 2 $10,200 3 $9,700 4 $9,600 5 $9,500 3.448 years 2.994 years 3.238 years 4.003 years none of these

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