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Suppose you are given the cash flows for three projects are shown below. If an investor decided to take projects with a payback period two
Suppose you are given the cash flows for three projects are shown below. If an investor decided to take projects with a payback period two years or less, which of these projects would this investor take? Year 0 1 2 3 4 5 Cash flow: -$20, project A 000 $13,000 $3,000 $3,000 $3,000 $3,000 Cash flow: project B -$15,000 $7,000 $7,000 $7,000 $7,000 $7,000
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