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The following are the cash flows of two projects: Year Project A Project B 0 $ (250) $ (250) 1 130 150 2 130 150
The following are the cash flows of two projects:
| Year | Project A | Project B |
|---|---|---|
| 0 | $ (250) | $ (250) |
| 1 | 130 | 150 |
| 2 | 130 | 150 |
| 3 | 130 | 150 |
| 4 | 130 |
What is the payback period of each project?
Note: Round your answers to 1 decimal place.
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Public Finance In Canada
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
5th Canadian Edition
1259030776, 978-1259030772
