Question
There is a project with the following cash flows: Year Cash Flow 0 -$ 30,050 1 8,700 2 9,800 34 3 7,950 4 8,550
There is a project with the following cash flows: Year Cash Flow 0 -$ 30,050 1 8,700 2 9,800 34 3 7,950 4 8,550 5 8,300 What is the payback period? Multiple Choice 2.55 years 3.77 years 4.00 years
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Corporate Financial Management
Authors: Glen Arnold
5th edition
978-1292178066, 129217806X, 273758837, 978-0273758839
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