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The cash flows for two projects are provided. What are the payback periods (in years) for these projects? Year Project X Project Z 0 -$1,000

The cash flows for two projects are provided. What are the payback periods (in years) for these projects?

Year Project X Project Z
0 -$1,000 -$100
1 $100 $75
2 $200 $5
3 $500 $5
4 $0 $5
5 $2,000 $5

Question 3 options:

Project X: 4.1; Project Z: never.
Project X: 5; Project Z: 5.
Project X: 4.1; Project Z: 4.1.
Project X: never; Project Z: never.
Project X: never; Project Z: 4.1.

The cash flows for two projects are provided. What are the payback periods (in years) for these projects?

Year Project X Project Z
0 -$1,000 -$100
1 $100 $75
2 $200 $5
3 $500 $5
4 $0 $5
5 $2,000 $5

Question 3 options:

Project X: 4.1; Project Z: never.
Project X: 5; Project Z: 5.
Project X: 4.1; Project Z: 4.1.
Project X: never; Project Z: never.
Project X: never; Project Z: 4.1.

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