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Stewart Associates is considering a project that has the following cash flow data. What is the projects payback? Initial investment (1,000.00) Cash flow-yr-1 320.00 Cash
Stewart Associates is considering a project that has the following cash flow data. What is the projects payback?
| Initial investment | (1,000.00) |
| Cash flow-yr-1 | 320.00 |
| Cash flow-yr-2 | 352.00 |
| Cash flow-yr-3 | 384.00 |
| Cash flow-yr-4 | 416.00 |
| A. | 2.65 yrs | |
| B. | 3.00 yrs | |
| C. | 2.00 yrs | |
| D. | 2.85 yrs |
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Gender And Finance
Authors: Ylva Baeckström
1st Edition
103205557X, 978-1032055572
