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Stewart Associates is considering a project that has the following cash flow data. What is the projects payback? Initial investment (970.00) Cash flow-yr-1 340.00 Cash
Stewart Associates is considering a project that has the following cash flow data. What is the projects payback?
| Initial investment | (970.00) |
| Cash flow-yr-1 | 340.00 |
| Cash flow-yr-2 | 374.00 |
| Cash flow-yr-3 | 408.00 |
| Cash flow-yr-4 | 442.00 |
| 2.50 yrs | ||
| 2.63 yrs | ||
| 2.00 yrs | ||
| 3.00 yrs |
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Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
13th Edition
0073382388, 978-0073382388
