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Taggart Inc. is considering a project that has the following cash flow data. What is the project's payback? YEAR 0 1 2 3 CASH FLOWS
Taggart Inc. is considering a project that has the following cash flow data. What is the project's payback?
| YEAR | 0 | 1 | 2 | 3 |
| CASH FLOWS | -$1150 | $600 | $200 | $500 |
a. 1.9 years
b. 2.30 years
c. 2.56 years
d. 2.70 years
e. 2.81 years
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
6th Edition
978-1506396811, 150639681X
