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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 3,000 1 2,400 2 1,700 3 2,300 4
| What is the payback period for the following set of cash flows? |
| Year | Cash Flow |
| 0 | $ 3,000 |
| 1 | 2,400 |
| 2 | 1,700 |
| 3 | 2,300 |
| 4 | 1,100 |
Multiple Choice
-
1.30 years
-
1.35 years
-
1.37 years
-
1.42 years
-
1.65 years
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The Tools And Techniques Of Investment Planning
Authors: Stephan R. Leimberg , Thomas Robinson , Robert R. Johnson
3rd Edition
193982916X,1939829178
