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The cash flows of a project are given below: Year Cash Flows 0 -5000.0 1 1290.0 2 2370.0 3 2100.0 4 1480.0 The required return
The cash flows of a project are given below:
| Year | Cash Flows |
|---|---|
| 0 | -5000.0 |
| 1 | 1290.0 |
| 2 | 2370.0 |
| 3 | 2100.0 |
| 4 | 1480.0 |
The required return is 3.0 percent. What is the payback period for this project?
| 1.85 | ||
| 3.05 | ||
| 3.28 | ||
| 2.64 | ||
| 3.42 |
6.25 points
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Finance And Occupational Pensions
Authors: Charles Sutcliffe
1st Edition
1349948624, 978-1349948628
