Stoney Corporation invest $6,500 each in projects X & Y. Cash flows from these investments are listed:

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Question:

Year Investment X Investment Y

1 $1,000 $1,300

2 $1,800 $2,000

3 1,700 1,100

4 2,000 1,500

5 600

Calculate the payback in years for each project. Should you choose X or Y using the payback method?

Posted Date: Jun 24, 2024 01:08 PM

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Stoney Corporation invest $6,500 each in projects X & Y. Cash flows from these investments are listed:

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