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Question 25 6 pts 25) Company Z is looking at a project requiring a $100,000 investment which, in turn, will generate the following cash flows:
Question 25 6 pts 25) Company Z is looking at a project requiring a $100,000 investment which, in turn, will generate the following cash flows: year-1 $20,000; year- 2 $45,000; year-3 $30,000; year-4 $25,000. The firm's cost of capital is 10%. What is the payback period or this project? a) The project does not pay back Ob) 3.2 years O c) 4.0 years d) 2.2 years
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