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The cash flows of a project are given below: Year Cash Flows 0 -4000.0 1 1620.0 2 1320.0 3 1240.0 4 1110.0 The required return
The cash flows of a project are given below:
| Year | Cash Flows |
|---|---|
| 0 | -4000.0 |
| 1 | 1620.0 |
| 2 | 1320.0 |
| 3 | 1240.0 |
| 4 | 1110.0 |
The required return is 3.1 percent. What is the payback period for this project?
| 2.15 | ||
| 2.85 | ||
| 3.44 | ||
| 2.43 | ||
| 2.24 |
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Financial Terms Dictionary Investment Terminology Explained
Authors: Thomas Herold, Wesley Crowder
1st Edition
1521725764, 978-1521725764
